Polygon Supernets are dedicated, scalable blockchains that aim to ignite mass adoption of Polygon and Web3.
To support this ambitious product and goal, we are announcing a $100M support fund. π
2/5 Polygon Edge is a modular framework that offers a variety of dedicated (aka app-specific) chains, from sovereign EVM chains to full-blown L2s.
20+ projects are already building on Edge; we learned a lot working with these teams and now we are ready for the next chapter. π«
3/5 Enter Supernets, Polygon Edge chains on steroids!
Here's what makes them Super:
βοΈ They are dedicated;
βοΈ Can use $MATIC PoS validators out-of-the-box;
βοΈ They are interconnected;
βοΈ Can be managed/maintained by our Certified Partners;
βοΈ Support any Edge architecture.
4/5 We envision #Polygon as a massively scalable, interconnected multi-chain system, and we are announcing a $100M fund to ignite this vision.
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 (π§΅) (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.
1β£ Incredibly fast: 0.17 secs to generate recursive proofs on a laptop; by far the fastest implementation available today.
2β£ Ethereum friendly: Can support #ETH txns & is practical to verify on Ethereum L1.
3/5 π 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 worldβs fastest ZK scaling tech; we are joining hands to utilize it and build Polygon Zero - a highly-scalable, Ethereum-compatible ZK Rollup. π¦π«
2/8 We recently announced our strategic focus & $1B funds for ZK-based solutions.