Poly Network Monthly Report (Feb)

Monthly Highlights

1. In February, Poly Network announced 4 new partners: GhostMarket, zkSync, NFH and OXY FI.

2. Poly Network held 3 AMAs, respectively with Boba Network, GhostMarket and DeFiScale; was invited to Damo Talks as guest speaker and launched NFT Airdrop with Bodh Finance.

3. Total trade volume surpassed $15.8 billion (USD).

PolyMetrics

Total Trade Volume: $15.8 Billion
Cross Chain Transactions: 789K
Cross Chain Addresses: 329k

Developments

zkSync︱Scaling Ethereum w/ ZK Rollups

zKSync announced its partnership with Poly Network on Feb 17. Powered by Poly Network, users will soon be able to transfer assets between zkSync and other 18+ supported chains at lower cost and faster speed via Poly Bridge.

Ecosystem updates

1. GhostMarket︱NFT

GhostMarket officially announced its partnership with Poly Network on Feb 9. Poly Network provides the tool for GhostMarket’s governance token chain swaps and NFT cross-chain transfers.

2. NFH2︱NFT Platform

Non-Fungible History started to partner with Poly Network on Feb 18. Poly Network provides a direct bridge from Polygon to BNB Chain for $NFH2.

3. OXY-FI︱A Multi-chain Protocol

OXY-FI announced its strategic partnership with Poly Network on Feb 23. Oxy-Fi is a DeFi protocol that allows its holders to boost their returns with upgradable Oxy NFTs and holding rewards. Poly Network provides the bridge that empowers OXY-FI’s community to move $OXY between ETH, AVAX and FTM chains.

Marketing Events

Poly Network AMA

Poly Network held a series of AMAs in February with Boba Network, GhostMarket and DeFiScale; and was invited to Damo Talks as guest speaker.

1) AMA with Boba Network

The Poly Network AMA with Boba Network was hosted on 10 February. The AMA unveiled Boba WAGMI-the first positive-sum incentives program rewarding users and projects.

Recap of the AMA: https://medium.com/poly-network/poly-network-ama-recap-with-boba-network-9aa069ed29

2) AMA with GhostMarket

The Poly Network AMA with GhostMarket was held on 17 February. During the AMA, Vincent told stories about exciting challenges GhostMarket has encountered throughout the journey building this cross-chain NFT marketplace.

Recap of the AMA: https://medium.com/poly-network/poly-network-ama-events-with-ghostmarket-423dffd35d7b

3) AMA with DeFiScale

DeFiScale was invited to Poly Network AMA on 23 February. Patryk and Meg carefully introduced two established projects in DeFiScale portfolio — FinBet and ShadowBit, who just released their tokenomics and liquidity mining programs.

Recap of the AMA: https://medium.com/poly-network/poly-network-ama-events-with-defiscale-6a5408cb9fff

Damo Talks

Poly Network was invited to Damo Talks on Feb 11 to introduce Poly Network, Poly Bridge and elaborate on methods to enhance connections between ledgers by providing interoperability in Web 3.0.