What is staking? Staking means giving the ownership of your token to some other contract in return for rewards. This comes from Proof of Stake, a consensus mechanism where users can stake their tokens to become a validator of the blockchain. The validator’s role is to order transactions in a block and produce…

Can Decentralized Finance Survive the Inevitable Battle with Central Bank Digital Currencies? — As central banks sound the alarm against decentralized finance (DeFi) and its currency (stablecoins), a new David vs. Goliath battle is catching fire. While the former has the advantage of regulation, institutions, and government oversight, the latter has decentralization and a community built against the overreach of government. As central…

2nd September — Aragon Client, a project on Ethereum that makes the creation and management of DAOs easy for users, has now been deployed on Polygon. Aragon is building the future of Web3 communities, but the space is growing at such a pace that it has outgrown the current capacity…

Part 1: Polygon PoS engagement growth Last week, daily active users (DAU) dropped for the first time in almost two months (-6.67%). This week user growth stabilized, dropping only -0.68%. Despite the drop, this week was the fourth highest on record. As of 8/25/2021, Polygon has 29.14% of Ethereum’s DAU…

Polygon RPC Aggregator, which aims to provide a fast and reliable RPC gateway, is now live. Polygon’s RPC aggregator service is distributed worldwide across 200 data centers. There are 15 underlying RPC endpoints provided by Polygon Node providers, the Polygon team, and the community. This number will increase with time…

Polygon proof of stake (POS) continues active user growth for the 6th consecutive week. Week 32 highlights 157,000+ DAU (avg.) 4.7mm transactions/day (avg.) $22k/day revenuens (avg.) Part 1: Polygon POS engagement growth This week Polygon POS continues its incredible run of active user growth. From the start of our dataset…

20th August — We are excited to announce that Web3 interoperability is accelerating between the Polygon and Filecoin ecosystems with the kicks off of the recently-created Filecoin-Polygon Bridge by the Textile team. To further encourage the developers to try out and build on the bridge, Filecoin and Polygon are also…

The first phase of DeFi summer on Polygon, we saw huge economic activity led by native Polygon projects like QuickSwap, AaveGotchi, Dfyn and Ethereum blue-chips like AAVE, Curve, Sushiswap, Balancer that chose Polygon to scale to the next million DeFi users. These projects brought along with them more than just…

Polygon has been one of the fastest-growing Dapp platforms for Ethereum scaling, rapidly becoming the de-facto standard for DeFi, NFTs, and Blockchain Gaming with 500+ Dapps, ~7M daily txns, and 1.8M+ unique wallets. The rise of gaming on Polygon has been especially noticeable, with more than 100,000 blockchain gamers on…