Week In Polygon News #5
A weekly newsletter covering key developments across the Ethereum and polygon ecosystem from 20th August 2021 to 26th August 2021
đ° Trending News
Read this story đ EDCON 2021 Is Here
This year, EDCON 2021 will be held on Aug 27-29, 2021, Online, Overseas. The conference will cover topics such as Ethereum technological progress, business use cases, on-chain governance, and community building, as well as other hot topics related to blockchain applications, such as Central Bank Digital Currency. Experts and research teams from different fields will also be invited to discuss the macro trends, applications, and policy & legal analysis of blockchain development.
Read this Story đMore than 100,000 ETH ($300 million) has been burned following Ethereum's latest upgrade
Since Ethereum's London upgrade was implemented â introducing the EIP-1559 fee burning mechanism â the network has burned a total of 100,000 ETH, worth $300 million, in just 20 days.Â
Read this Story đU.S approves Microsoftâs âledger-independent token servicesâ patent
The United States Patent and Trademark Office (USPTO) has approved a patent for âledger-independent token servicesâ to Microsoft Technology Licensing on August 24.The service, funded by John Marley Gray, Philip Gregory Cignavitch, Supriya Madhuram, and Nayana Patel, can provide the users one or more token templates through a computer system. One template will also include control functions for transferring, minting, and burning quantities of the token.
Read this story đValid Points: Ethereum Emerges From Bitcoinâs Shadow
Ethereum is surpassing Bitcoin in total value transferred on-chain. Using Coin Metricsâ adjusted transaction volume estimates, so far in August $185 billion worth of ETH has been moved on Ethereum while only $180 billion of BTC has exchanged hands on Bitcoin. The last time Ethereum passed Bitcoin in monthly transfer volume was in May 2021.Â
Read this Story đLegendary VC Bill Gurley reveals he's betting on ethereum
Venture capitalist Bill Gurley is personally betting on ethereum's success after the cryptocurrency network's community won him over. "I have to say I was swayed by the arguments of the ethereum crowd," he told Bloomberg in an interview on Wednesday. "And so, I've taken a personal position - not something to Benchmark. "Gurley, a general partner at Silicon Valley VC firm Benchmark, didn't specify how much he invested. Ethereum fans impressed him because they struck him as "way more pragmatic" than others in the crypto space, he said.
Read this Story đDeFi TVL hits a record $157B as Ethereum competitors attract investors
Data from DeFi Llama shows that the total value locked (TVL) in all DeFi protocols reached a new all-time high at $157.06 billion on Aug. 22 and many analysts believe TVL is one of the best measures of sentiment within the DeFi ecosystem.
đ Polygon Updatesâ
Read this story đALN live on Polygon + listing on QuickSwap DEX + MATIC with MetaMask Guide
Aluna token has been successfully bridged to Polygon and is now listed on QuickSwap.The WETH-ALN pair on QuickSwap has been seeded with $50,000+ of liquidity, including 350,000 ALN from the Ecosystem Fund. Anyone can now buy ALN on QuickSwapâs decentralized exchange, while enjoying lightning fast swaps with near-zero gas fees powered by Polygonâs full-stack scaling solution.
Read this story đGain Real-Time Insights Into the Polygon Mempool With Blocknative
Blocknative announced a beta support for the Polygon Network across our core mempool data platform. Polygon is available via our API, SDK, Mempool Explorer, Notify, and Onboard. Now builders and traders can leverage Blocknative's proven real-time infrastructure for reliable transaction settlement on the Polygon network â in addition to Ethereum, xDai, Binance Smart Chain, and Bitcoin.
Read this storyđ Wallfair Launching Its Event-Trading Platform on Polygon
Wallfair is an event-trading platform that allows content creators to stream their live feeds and create live events for their audience. A key aspect of speculation markets is their ability to accept and settle bets as they arrive. The slightest of the delays could lead to significant losses for the players. And thatâs where Polygon comes in as a solution to the pertaining delays and transaction confirmations on the Ethereum network.
Read this storyđTokenplay NFT & Gaming Platform is granted by Polygon Foundation
Tokenplay is NFT & Gaming platform development on Binance Smart Chain and Polygon. Our vision to become a hub for the biggest games in the blockchain industry. âFor us, Tokenplay is more than just a Game & NFT project, in the future, we will develop a mobile game of our own to connect casual mobile gamers (non-blockchain gamers) with blockchain playersâ. Polygon will enable Tokenplay and the community to take advantage of its highly scalable and efficient infrastructure.
Read this StoryđCoinZoom Launches Polygonâs MATIC on the Exchange
Polygonâs MATIC is now live to buy, sell, trade, earn and spend on the CoinZoom Exchange! Hodlers can earn 2% on MATIC holdings. CoinZoom Visa card users can also spend MATIC on their CoinZoom Visa card at over 53 million merchants and earn up to 5% back on every purchase.
CoinZoom, with customers in 192 countries, is the next generation digital asset exchange that uses the team's vast experience in providing superb trade quality, customer-focused tools, and technology that help customers become successful traders. CoinZoom offers services in buying, selling, and spending Bitcoin, Ethereum, and over 28 top digital currencies
Read this Story đGamma layer of Polypulsar is launching on Polygon to offer a seamless hybrid of blockchain gaming and yield farming
Polypulsar is a blockchain gaming and yield farming project. Users are free to choose how they would like to interact with the platform; they can play PvE, PvP or simply yield farm for staking rewards. The project is run by a team of gaming enthusiasts who dream of developing a blockchain game where people can make a living by playing.
Read this Story đBluehelix joins Polygon Ecosystem as an MPC- based Cross-chain Bridge Solution Provider
The Bluehelix Bridge, decentralized cross-chain bridge is at the forefront of technological progress. It is the largest decentralized MPC-based cross-chain bridge in the world with the most supported public chains. It can support any heterogeneous chain or homogeneous chain ecosystem. The cross-chain and asset circulation can be fully compatible with various cross-chain technologies and standards, enabling the interoperability of blockchain applications across different chains.
Read this Story đHOPR running incentivized testnet on Polygon to stress-test advanced privacy features
Following a successful testnet on Polygon (then Matic) in late 2020, HOPR is running a second incentivized testnet to gather data on the advanced features of its privacy protocol.The testnet will run from Thursday August 26th to Thursday September 2nd, and users will be rewarded for running nodes and sending and relaying data through the HOPR mixnet.
Read this Story đLightning â the universal staking platform is now powered by Polygon
ZUZ Protocolâs Lightning is now integrated with Polygon to provide a universal staking platform to NFT and crypto projects.
As we strive to bring more efficiency and adaptability to the NFT community, we are bringing our utility tools to the Polygon Network. Lightning allows NFT and ERC20 creators to create a secure and custom rewards / staking system without the cost of development and maintenance!
â Education
Watch Here đ on how to Transfer ETH to Matic/Polygon & Use Quickswap (Save $$$ on Gas Fees)
đĽ Videos
Watch Here đPolygon Co-Founder Unpacks An Ethereum Scaling Solution
Watch Here đ Bloomberg Interview with Vitalik Buterin
đąâđNFTS
đ Meme or Video of the week