Polygon has always been at the forefront of innovation.
After the massive success of Liquidity Mining 1.0, #Polygon has launched the first-ever KPI-based Liquidity Mining 2.0 campaign in the form of yield farming for protocols.
A thread (🧵) (1/9)
What's new this time?
> #dApps are selected based on KPIs like Weekly Average Users or Total Value Locked.
> All dApps that never got LM before are now eligible.
> Fully transparent and verifiable.
> Requires no KYC, and one cannot game the system.
(2/9)
How is it beneficial for dApps building on Polygon or wanting to migrate to #Polygon?
> Anon teams can apply for the campaign.
> Each month, the distribution is evaluated, and #dApps working harder get more allocation the next month.
> Projects choose where to use funds.
If you are wanting to migrate to #Polygon, this is the best way. Hop on!
(6/9)
Based on the KPIs, you would be able to make it to the next EPOC and be eligible for the rewards. Make sure to deploy and list on @DefiLlama before the 15th of any month to be considered for the next EPOC!
1⃣ Incredibly fast: 0.17 secs to generate recursive proofs on a laptop; by far the fastest implementation available today.
2⃣ Ethereum friendly: Can support #ETH txns & is practical to verify on Ethereum L1.
3/5 🚀 Furthermore, the unique features of #Plonky2 open the door for future engineering breakthroughs such as horizontal scaling of blockchain networks, where the throughput increases with every node that gets added to the network.
1/8 It's official: #Polygon welcomes @MirProtocol, a groundbreaking ZK startup in a $400M deal!
Mir's amazing team developed the world’s fastest ZK scaling tech; we are joining hands to utilize it and build Polygon Zero - a highly-scalable, Ethereum-compatible ZK Rollup. 🦄💫
2/8 We recently announced our strategic focus & $1B funds for ZK-based solutions.
1/7 💫 We are proud to reveal the newest member of the Polygon family - Polygon Miden, an upcoming STARK-based, EVM-compatible Rollup!
The project is led by @bobbinth, former Facebook's lead ZK researcher who led the development of Winterfell.
A 🧵 on why this is exciting...
2/7 We recently announced our strategic focus and $1B fund for ZK-based solutions.
Following the announcements of @0xPolygonHermez (and zkEVM) and Polygon Nightfall, we are continuing our quest to become the ZK powerhouse with our work on Polygon Miden.