Poly Network Monthly Report (Dec)

Poly Network

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Poly Network

4 min readJan 7, 2022

Monthly Highlights

In December, Poly Network announced to partner with Metis, AXL INU, Kryxivia Game, RioDeFi, apM Coin, BCU, Netswap and Forta.
Poly Network held 4 AMAs, respectively with TradeStars, Revomon, COOK and BCU.
Total trade volume surpassed $15.4 billion in value (USD).

Development

The new PIP4 protocol allows swift and compatible transfers of one asset among multiple cross-chain bridges.

PolyMetrics

Total Trade Volume: $15.4 Billion
Cross Chain Transactions: 725K
Cross Chain Addresses: 302k

Ecosystem updates

1. AXL INU︱Decentralized exchange

AXL INU officially announced its partnership with Poly Network on Dec 1. AXL INU is a decentralized exchange. The main token of the Eco System is $AXL.

2. Kryxivia Game︱An innovative MMORPG game

Kryxivia Game announced its partnership with Poly Network on Dec 3. With this partnership Kryxivia Game will be able to make their in-game NFTs cross-chain.

3. RioDeFi︱Blockchain Infrastructure & Financial Services

RioDeFi delightedly announced its partnership with Poly Network on Dec 10. The leading heterogeneous interoperability protocol, users and developers can now easily enjoy secure, fast and low-cost cross-chain transactions of RFUEL’S ERC-20 token on the Binance Smart Chain via Poly Bridge.

4. Metis︱Ethereum Layer2 Rollup Platform

Metis officially claimed its partnership with Poly Network on Dec 11. Poly Network now supports Layer2 Ethereum Scaling Solution Metis and will connect with other 16 chains soon. The new PIP4 protocol allows swift and compatible transfers of one asset among multiple cross-chain bridges.

5. apM Coin︱Customer Rewards Management Platform

apM Coin project started a cooperation with Poly Network on Dec 15. With this partnership, apM Coin project will use Poly Bridge cross-chain service in its system to take a first step of NFT business.

6. BCU︱Collectible Game With Adventures

BCU officially announced its partnership with Poly Network on Dec 18. Users now are able to bridge their $BCUG from Ethereum to HECO.

7. Forta︱Community-based Security Platform

Forta announced its partnership with Poly Network on Dec 22. By integrating with Forta, Poly Network now has a reliable, scalable runtime security solution for contracts.

8. Netswap︱Decentralized Crypto Platform On Metis Layer2

Netswap announced its strategic partnership with Poly Network on Dec 30. Poly Network is providing a direct bridge from BSC to Metis Andromeda Network. Now users can bridge $METIS from BSC via Poly Bridge.

Marketing Events

Poly Network held a series of AMAs in December with TradeStars, Revomon, COOK, and BCU.

1. AMA with TradeStars

The Poly Network AMA with TradeStars was hosted on 1st December. The AMA unveiled how the ranking system of the TradeStar platform works and the advantages TradeStars will have in this field in the future.

Recap of the AMA: https://medium.com/poly-network/poly-network-ama-recap-with-tradestars-e129bb342b23

2. AMA with Revomon

The Poly Network AMA with Revomon was held on 15 December. During the AMA, Ietri Jordan explained the tokenomics of Revomon and Revomon’s steps to reach out to more users for the use of their platform.

Recap of the AMA: https://medium.com/poly-network/poly-network-ama-recap-with-revomon-44164e43c4e9

3. AMA with COOK

COOK was invited to our AMA on December 23. Adrian carefully introduced $ckToken, $COOK and plan for future developments for our members.

Recap of the AMA: https://medium.com/poly-network/poly-network-ama-recap-with-cook-74d3dd9f8757

4. AMA with BCU

BCU was invited to our AMA on December 30. Tehn, CM of BCU, attended as the guest speaker and shared the information about their governance token $BCUG and some future plans with our members.

Recap of the AMA: https://medium.com/poly-network/poly-network-ama-recap-with-bcu-16768e9765d1