Web3 is ready for enterprise. The #PolygonNightfall Mainnet beta is here!
Nightfall is the most efficient blockchain solution for enterprises, enabling businesses to orchestrate private transactions for use in supply chains & other key business functions.
Let’s dive in 🧵 [1/5]
Most enterprise blockchain solutions aren’t decentralized. They’re private or permissioned, relying on pre-existing trust among parties.
By centralizing the blockchain, it compromises trust.
[2/5]
On the other hand, public blockchain solutions don’t always make sense for enterprises. They’re expensive, lack privacy, and make all transactions visible to third parties.
[3/5]
Enter Polygon Nightfall.
With a cutting-edge Optimistic-ZK hybrid approach, enterprises get:
- Security: transactions are stored on Ethereum mainnet
- Efficiency: transaction fees are the lowest possible
- Confidentiality: transactions are kept private from third parties
[4/5]
After listening carefully to enterprises’ needs and building our solution with Optimistic and ZK technologies, we’re excited for you to try Nightfall - the Mainnet beta release is now live.
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.
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.
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.