Polygon is pleased to announce the availability of @API3DAO's #QRNG - a public good Quantum Random Number Generation service for #Web3.

What is it? How does it differ from existing solutions? And how do devs access it?

Read on to find out!

A thread (🧵)

[1/7] Image
What is the #API3 Quantum Random Number Generator?

Numbers are randomly generated using real-time quantum fluctuation measurements at @ourANU’s Quantum Optics Group.

@API3DAO’s QRNG allows smart contracts to request this service via a first-party blockchain oracle.

[2/7]
How does #QRNG differ from existing Web3 RNG?

QRNG is a method of random number generation based on quantum phenomena.

Quantum randomness is referred to as ‘true’ as the mechanic of generation leans into Quantum Theory - it's not susceptible to prediction.

[3/7]
API3 #QRNG is a public utility we provide with the courtesy of the Australian National University (ANU).

Meaning API3 QRNG is available free of charge.

With your smart contract, you just need to request randomness from the first-party QRNG oracle.

[4/7]
How can #API3 QRNG be used in Web3?

QRNG use cases include P2E Gaming and generative NFTs, as well as participatory processes that require random selection.

#Polygon and @polygonstudios ecosystem can access randomness based on the outcome of a quantum event.

[5/7]
DeFi protocols can experiment quickly with randomness data.

Charitable foundations could now use QRNG in raffle or fundraising activities, perhaps useful for @CryptoRelief_

Other use cases may be rewards for farmers, stablecoin bond options, or Web3 prediction markets.

[6/7]
How do Polygon dApps access API3 #QRNG?

API3 QRNG is a permissionless service for anybody to access.

For more information, visit api3.org/qrng

[7/7]

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More from @0xPolygon

May 2
#LiquidStaking Week 1

Liquid Staking is one of the most innovative developments in #DeFi. This week we explore it with @ClayStack_HQ.

Read through to explore revenue-generating opportunities!

A thread (🧵)

[1/5]
What is #LiquidStaking?

Staking in its current form requires users to lock their tokens for a certain period of time, due to which they lose much-needed #liquidity. Liquid staking protocols enable the issuance of liquid tokens to solve this problem.

[2/5]
Why do you need liquid tokens?

These tokens (csMATIC in the case of @ClayStack_HQ) are #yield-generating #tokens that represent the underlying stake.

So users get the dual benefit of staking rewards and also the opportunity to compound their yields on #Polygon's DeFi.

[3/5]
Read 5 tweets
Apr 22
1/5 *Super* excited to introduce #PolygonSupernets, powered by @0xPolygonEdge! 🦄💫

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. 💜
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. 💫
3/5 Enter Supernets, Polygon Edge chains on steroids!

Here's what makes them Super:

↗️ They are dedicated;
↗️ Can use $MATIC PoS validators out-of-the-box;
↗️ They are interconnected;
↗️ Can be managed/maintained by our Certified Partners;
↗️ Support any Edge architecture.
Read 5 tweets
Apr 22
.@MihailoBjelic at #PolygonIgnite points out the uniqueness of @0xPolygonEdge Image
Web3 users have a reason to rejoice! #PolygonIgnite Image
@Rahatcodes dropping the beats to set #PolygonIgnite on 🔥🔥🔥 Image
Read 6 tweets
Apr 5
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.

(3/9)
Read 9 tweets
Mar 29
Keep personal details, personal.

Introducing Polygon ID - a self-sovereign identity solution powered by zk cryptography.

- Complete user-privacy
- Scalable on-chain verification
- Open attestation ecosystem

#OwnYourIdentity

TL;DR 👇 [1/7]
For everyone wondering what the highlights of Polygon ID are:

- Reduces complexity & compiles zkSNARK circuits.
- Onboarding includes native apps, SDK’s and whitelabel solutions.
- On-chain private verification is done using zkQuery Language.

[2/7]
Polygon ID is all about building on Web3 without any risk.

- Prove your access rights, not your identity.
- Most advanced privacy that can still run on a user’s device.
- Aligned with Web3 privacy ethos.

[3/7]
Read 7 tweets
Jan 31
🚨 Attention future #Web3 Revolutionaries

@ETHGlobal and Polygon are here with a series of workshops to help you kick-start your journey on the #RoadToWeb3!

Set your reminders now: bit.ly/RoadToWeb3-Wor…

#poweredbyPolygon 🧵 [1/10]
Catch @IvanOnTech speaking about Building Full-Stack #Polygon dApps using @MoralisWeb3 SDK.

Set reminder: bit.ly/Moralis-Worksh… [2/10]
Learn how to build a lending protocol on #Polygon by @sirajraval.

Set reminder: bit.ly/Siraj-Workshop [3/10]
Read 10 tweets

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