Thread by @stader_polygon

Did you hear about the latest development in the #Polygon ecosystem?

@Balancer is launching on the newly launched Polygon zkEVM Mainnet Beta.

But why is this a big deal? 🤔

Let’s dive in! 👇
1/11

As the Ethereum network expands, transaction costs and finality optimization become essential.

That's where Layer 2 solutions come in, ensuring cheaper gas fees and faster throughputs.

So what's unique about Polygon zkEVM? 🧐
2/11

zkEVM leverages Zero-Knowledge Proofs (ZKPs), a cryptographic method that validates transactions without revealing any information about them.

But if ZKPs are so great, why aren't ZK ecosystems expanding as rapidly as others?🤷‍♀️
3/11

The integration of ZK-proofs with Ethereum has been a challenge due to the complexity of the technology.

But, guess what?

Polygon Labs has a solution: zkEVM

And what's Balancer's role in all of this?👀
4/11

As a prominent protocol, Balancer is positioned to facilitate network-wide liquidity growth on Polygon zkEVM.

With its unique technology, Balancer is ready to fuel growth in the era of Ethereum's Zero-Knowledge future.

But how? 🚀
5/11

Balancer technology offers unique capabilities like Boosted Pools and Composable Stable Pools, which facilitates efficient and ongoing liquidity growth.

But what makes Boosted Pools special?🧭
6/11

Boosted Pools intertwine Liquidity Pools and single-sided yield markets, unlocking sustainable Liquidity Mining incentives.

Moreover, it optimizes swap routing and fosters protocol-protocol liquidity symbiosis.

But is there more? 🔄
7/11

Yes, there is! Balancer brings the next stage in efficient protocol governance technology to Polygon zkEVM — the 8020 model.

But what challenges does this new model address? 🤔
8/11

The 8020 model addresses the issues of increased slippage, inability to facilitate larger trades, and higher price volatility for the underlying tokens in the traditional governance model.

But how does it achieve this? 📉📈
9/11

By leveraging Balancer's weighted math, the 8020 initiative uses a two-asset pool BPT token as the governance token.

This new model is an exciting step towards efficient governance and liquidity in DeFi.

Excited for the future of DeFi on Polygon zkEVM? 🚀
10/11

Want to stay on top of all the latest developments in DeFi?

Make sure you are following @stader_polygon & stay updated by joining our community.

TG: t.me/StaderLabs_Pol…
11/11