ReBaked Announces DAO Integration & Tooling for Polygon
Today we are happy to reveal reBaked’s integration with Polygon. Polygon will work as an ecosystem hub to scale DAO infrastructure and tooling — a significant step forward for the reBaked project and an important milestone for traction and adoption of new, cross-chain solutions that will streamline the protocol’s adoption and attract new community members.
The integration was established to fast-track the development of collaborative Web 3.0 products and increase opportunities for community members to earn rewards by contributing with their skills to promising early-stage Web 3.0 projects. The integration includes reBaked support expansion for the Polygon. A vital integration to compiling the potential of human resources and investment opportunities available on various blockchains within the framework of the reBaked platform.
reBaked and Polygon envision a seamless launch experience for joint initiatives incubating DAOs on Polygon within the framework of reBaked. reBaked Pioneers (our reverse launchpad) is then driven onto the Polygon allowing the communities of both systems to interact and take advantage of the benefits of the combined potential. Advanced tooling will make sure developers and community members can collaborate and launch projects together using an intuitive and functional interface.
The integration will also host and support the issuing of grants to promised projects — this allows transparency for investors to learn the potential of all the projects built on reBaked — as well as the launch of numerous hackathons by the Polygon team to promote a collaborative spirit and identify talent.
These hackathons will have a specific focus on the European research and scientific community.
The collaborative nature of the integration allows both communities to exchange their professional experience and identify points of interest that can result in new promising projects within the framework of reBaked DAOs. The focus on the scientific and research communities is intentional to advance the development of decentralized solutions and encourage their adoption and integration in different areas of the traditional economy. This will allow the members of the reBaked community to find practical applications for the blockchain and other technologies and join forces with the Polygon network and the European scientific community at large.
At the same time, the reBaked development team will be able to rapidly scale the platform and increase community growth. Integration with a larger blockchain network with higher throughput than that provided by the Ethereum network is key. The Polygon network and its rich technological capabilities will allow reBaked to thrive beyond its original possibilities.
Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks, aggregating scalable solutions on Ethereum supporting a multi-chain Ethereum ecosystem. Polygon contains the best elements of the Ethereum network and sovereign blockchains, combining them into a full-fledged multi-chain system. Polygon solves the main pain points associated with blockchains, including high gas fees and slow speeds, without sacrificing security. This multi-chain system is similar to other ones such as Polkadot, Cosmos, Avalanche, etc. But unlike its competitors, Polygon boasts three major upsides.
One of the main advantages Polygon provides is the ability to fully benefit from Ethereum’s network effects, such as community activity and technological diversity. Polygon is also inherently more secure and considerably more open and robust in terms of transaction throughput.
Given that it is both a protocol and a framework for building and connecting Ethereum-compatible blockchain networks, it allows for the one-click deployment of preset blockchain networks. This versatility allows developers to grow sets of modules to launch custom networks. Both the built-in interoperability protocol for exchanging arbitrary messages with Ethereum and other blockchain networks and the modular and optional “security as a service” make Polygon inherently more user-oriented. At the same time, the network’s adaptor modules for interoperability for existing blockchain networks provide cross-chain compatibility.
reBaked has decided to partner with Polygon because it combines the best of Ethereum and it is built by developers, for developers in the best spirit of the fair launch — our core values.
Polygon’s industry dominance with established tech stack, tools, languages, standards, and enterprise adoption provides extreme scalability. Then considering the dedicated blockchains, scalable consensus algorithms and custom Wasm execution environments the benefits of the integration become clearer
Security is the predominant aspect for us and Polygon ensures it via its modular ‘’security as a service’’ approach, provided by either Ethereum or a pool of professional validators. Polygon’s dedicated resources, fully customizable tech stack, sovereign governance, and native support for arbitrary message passing with bridges to external systems, give reBaked users unlimited possibilities to launch their projects across different chains.
Collaboration and user experience within the framework of a fair environment are the core values of reBaked. The integration with Polygon will reinforce and strengthen its implementation.
About Polygon
Polygon is the leading platform scaling and infrastructure development on Ethereum. Its growing set of products offers developers easy access to all the major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have a widespread adoption with 1000+ applications hosted, ~600M total transactions processed, ~60M unique user addresses, and $5B+ in assets secured.
If you are an Ethereum Developer, you are already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.
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