Jun 1, 2021

4 min read

Poly Network Monthly Report (May)

Monthly Highlights

Total trade volume surpassed $5 billion in value (USD)

Poly Network supports its 10th blockchain -OKExChain

Poly Network Launches NFT Cross-chain Transfer Bridge on the mainnet

New partner announced — DOVU, Lever, OKExChain, Tapmydata, HDX, TradeStars, Bytom, StackOS, DigiCol

Development Updates

The world’s first NFT cross-chain transfer bridge -Poly NFT Bridge was officially launched on the mainnet.

Poly Network has implemented interoperability with OKExChain.

PolyMetrics

Poly Network shattered another record,

Total Transaction Value $5.2 Billion
Cross Chain Transactions 302K
Cross Chain Addresses 122k

Ecosystem updates

OKExChain | The world’s first trading chain

Poly Network supports OKExChain, then global DeFi and NFT users can now enjoy Poly Network’s smooth heterogeneous cross-chain experience.

Bytom | A blockchain-based open-source value-exchange protocol

Bytom announced a collaborative partnership with Poly Network to realize the cross-chain interoperability of Bytom’s multi-chain crypto assets on ETH, BSC, HECO, and Bytom networks.

DOVU|A tokenized data economy for DeFi carbon offsetting

DOVU is delighted to announce a collaborative partnership with Poly Network. The technology creates trust in the platform, meaning users are more willing to participate in their carbon credit marketplace.

Lever| The first AMM-based decentralized margin trading protocol.

Lever are excited to announce a new partnership with Poly Network to offer seamless cross-chain bridge between BSC and ETH for LEV.

Tapmydata | A decentralised data protocol

Tapmydata announced a collaborative partnership with Poly Network to make cross-chain transactions between BSC and ETH smooth and simple.

HDX | An innovative Dex trading platform

HDX, the decentralized exchange which is based on HECO chain, has officially reached into partnership agreement with Poly network to break through multiple crypto assets’ connection among different chains.

TradeStars | DEX using Fractional NFTs + DeFi Gamification.

TradeStars announced a collaborative partnership with Poly Network to bridge TSX from Ethereum to BSC.

StackOS | A cross-chain protocol for individuals

StackOS partnered with Poly Network to make seamless cross-chain transactions between BSC and the ETH chain possible for $STACK.

DigiCol | One-Click NFT Creation

DigiCol announced a collaborative partnership with Poly Network, the partnership allows $DGCL and NFT tokens to be bridged from one chain to another chain in a simple and quick manner.

Events

On 10 May, 2021, the AMA Innovative cross-chain pool with O3 Swap & Poly Network was held in the Neo Reddit Community. Tan Yuan, Tech Leader of Poly Network and Blue, O3 Labs core developer attended the AMA and answered the questions to the Neo community members.

On 20 May, 2021, Poly Network tech leader Tan Yuan was invited as a panel speaker at the World Digital Assets Summit in Shanghai. Tan said, if the overall performance of Layer 2 improves at a high rate, Ethereum will be a big improvement.

In the Media

ChainNews- 异构跨链协议 Poly Network 如何为多链生态提供价值？

The article introduced how heterogeneous cross-chain protocol Poly Network provides value for multi-chain ecology, you can read it here.(https://www.chainnews.com/articles/811877266222.htm)

PA News- 跨链桥种草集！我该如何让自己的资产跨链流动起来

This article introduced the current mainstream cross-chain bridge, and mentioned Poly Network. You can read it here.(https://www.panewslab.com/zh/articledetails/1620989764131416.html)

Poly Network Launches NFT Cross-chain Transfer Bridge on the mainnet. You can read it here.(https://smartliquidity.info/2021/05/08/poly-network-launches-nft-cross-chain-transfer-bridge/)

Original article by the Poly team, “Poly Network Tutorial”- NFT Bridge Integration Manual for Projects in both English and Chinese, you can read it here.(https://medium.com/poly-network/nft-bridge-integration-manual-for-projects-ad3640ccf7c9)

Original article by the Poly team, “Poly Network Tutorial”- NFT Bridge User Manual in both English and Chinese, you can read it here.(https://medium.com/poly-network/nft-bridge-user-manual-3fc1ad8386d7)

Let’s connect

If you are a developer or project manager — we want to hear from you.