Polygon Labs’ Post

Monty Bryant 🧙🏼♂️✨ from ReFi DAO will be at Regens Unite London next weekend! Honestly, we could not be more excited to have his energy and collaborative spirit around. He will guide a brainstorm session on Network States, & set up an Activation Station for the #GG18 Gitcoin. James Zaki will be bringing the much-needed topic of 'web3 jargon'. Yelling 'Liberty through web3' to a local coffeemaker & 'Decentralised wallet for crypto financial freedom' didn't really provoke the revolution #Web3 was hoping for.🥴 We can do much better. How can we find ways to meaningfully communicate the benefits of web3 brought to different communities, events, products and/or businesses? #regen #web3 #regeneration #refi #regenerativefinance

🌐 Ethereum (ETH) founder Vitalik Buterin emphasizes the significance of Layer 2 as an extension of the ETH ecosystem, stating on his blog that it fosters unique sub-ecosystems with distinct functions. He underscores ETH's flexibility as a developer platform, enabling healthy competition, preservation of community value, and progress within the ecosystem. #Bitcoinworld 🚀

**AAVE Community Proposes Ethereum Bridge Across Avalanche, Optimism, and Arbitrum** 🌉: The AAVE community suggests the creation of a smart bridge contract, in collaboration with TokenLogic, to link Ethereum with Avalanche, Optimism, and Arbitrum, enabling seamless transfer of DAO funds between various networks. 🌐🤝 #AAVECommunity #EthereumBridge #BlockchainInteroperability 📊🔗

💸 FRAME AIRDROP: Unleashing the Ethereum L2 Revolution! 💸 🚀 Attention, Crypto Trailblazers! Frame, the Ethereum Layer 2 platform propelling NFT adoption, is initiating a mind-blowing $FRAME token airdrop! 🎉 Are you ready to dive into the NFT cosmos and claim what's rightfully yours? 🌌 If you've traded an NFT in the past two years, congratulations – you're eligible to seize this golden opportunity! 🎨 📅 Key Dates: - 📈 Token Airdrop: January 21st - 🚀 Mainnet Launch: January 21st Why Frame? 🌐 Frame is not just another Ethereum L2 – it's a game-changer! Equivalent to the Ethereum Virtual Machine (EVM), it supports all existing Ethereum tools, including MetaMask, Foundry, Hardhat, and more. As an L2 solution, Frame slashes gas fees, accelerates transaction times, all while preserving Ethereum's security guarantees. 💡 How to Claim Your $FRAME Tokens: 1. 🌐 Visit Frame's Airdrop Application Page (https://lnkd.in/ePivU8cs) 2. ✍️ Click the letter icon to connect your wallet and sign the message. 3. 🐦 Connect your Twitter account and follow Frame on Twitter. 4. 🚀 If you meet the criteria, you can claim your $FRAME tokens. The number of tokens you can claim depends on your NFT activity over the last two years. Get ready to access your tokens when the Frame Mainnet launches on January 21st! 🚀 🔗 Additional Details: - For a step-by-step guide, check Frame's tweet announcement: [Frame Twitter Announcement] https://lnkd.in/erJvmtn9 🌐 Don't miss out on the future opportunities to earn more $FRAME tokens – Frame is just getting started! Stay tuned for updates and embark on this crypto odyssey with Frame! 💼🌟 #Crypto #Blockchain #NFTAdoption #FrameAirdrop #Airdrop #NFT #NFTs

The Q2 2023 Web3 Developer Report from Alchemy highlights a surge in web3 developer activity. Despite a contraction in NFT and DeFi trading volumes, the ecosystem shows signs of long-term growth, underscored by increased smart contract deployments on chains like Ethereum, Arbitrum, and Polygon. We have summarized the main points for you! Report: https://lnkd.in/dJZJVfSG For regular updates, subscribe to our newsletter: https://bit.ly/3K6uyKE

We are excited to share our latest strategic investments in Fluidity and Superposition joining hands with Multicoin Capital Circle Solana Foundation Lemniscap and NGC Ventures Fluidity Labs operates as an incentive layer that rewards you for using your favorite dapp instead of just keeping your assets locked in some wallet, enhancing the utility, like credit card cash-back rewards. Meanwhile, Superposition serves as a native Layer-3 on Arbitrum featuring an innovative on-chain order book, faster execution speeds, shared liquidity, Account Abstraction, and zero fees and optimizing yields for Liquidity Providers and traders. They already have generated closer to $1.8 Billion in total volume on Arbitrum alone. (Check the Dune Analytics Dashboard link in the comments) Frens members got the opportunity to invest in both projects together and we are extremely bullish on the technology built by Shahmeer Chaudhry and the team. FYI : Last Thursday The Fluidity ($FLY) Early Access reached its Target Raise of 750,000 USDC in just 35 minutes on Moby. #web3 #vcfunding #frensdao #utility #defi #crypto #arbitrum

We are elated to unveil our collaboration with Wombat Exchange, an exemplary force in the realm of multichain stableswaps 🎉 This #partnership has paved the way for the ETHx/WETH single-staking pool, a testament to the innovative combination of unique liquidity solutions and lucrative #staking opportunities. Here's a step-by-step guide to making the most of this collaboration: 1️⃣ Start with Stader: Stake your $ETH at Stader to obtain the $ETHx token. This token lets you enjoy staking #rewards without locking in your original $ETH. 2️⃣ Move to Wombat Exchange: Once you have your $ETHx, proceed to the POOL tab on Wombat Exchange. Here, identify the ETHx pool, add the necessary liquidity, and approve the transaction. 3️⃣ Decision Time: Post-approval, you will be presented with two choices: Deposit and Deposit & Stake. Opting for the latter, 'Deposit & Stake,' ensures you commence earning rewards immediately. By partaking in this initiative, you can anticipate: 🔹 A commendable 25% reward on your ETHx 🔹 The advantage of staking rewards without any restrictions or lockups 🔹 Dual token incentives, encompassing both $SD and $WOM 🔹 The absence of Impermanent Loss concerns 🔹 The opportunity to benefit from the appreciation of $ETH 🔹 Playing an instrumental role in promoting the decentralization of Ethereum Given the myriad of benefits on offer and a strong partnership foundation, are you set to escalate your #ETHx staking experience? If so, your next step is to #stake your #ETH at staderlabs.com/eth/stake/ 

AltLayer, a decentralized protocol that enables Ethereum developers to deploy rollups and other scaling solutions, has launched its ALT airdrop, distributing tokens worth over $100 million to eligible community members. https://lnkd.in/dH2r-dCy AltLayer is compatible with existing scaling networks such as Arbitrum, Optimism, and Polygon. #airdrops #AltLayer #ETHEREUM #ScalingProtocol #TOKENS

What's the point of a token whose price is determined by an algorithm? As you know, the price of our INFINITY token is determined by an algorithm. We won't go into all the details of the calculations here (it is in our white paper though), but it's important to understand that two of the main factors influencing the token's price are the number of members who have joined ONE SMALL TOWN and the time spent contributing to ONE SMALL TOWN's various projects and businesses. For this gives our token three unique characteristics that set it apart from other crypto assets: 1️⃣CONSTANT AND STEADY RISE Its price curve follows an upward trajectory, unlike the roller-coaster curves of other crypto assets. This is because the token's price keeps rising as more and more people join ONE SMALL TOWN and get more and more involved. 2️⃣DECORRELATION WITH THE FINANCIAL MARKETS Thanks to our algorithm, the INFINITY token is not subject to speculation by traders and is uncorrelated with the financial markets. 3️⃣LOW IMPACT OF SUPPLY AND DEMAND Our algorithm also ensures that supply and demand have a moderate impact on the price of our token, so that its price can evolve steadily and serenely. When buying INFINITY tokens, you're opting for steady growth by acquiring an asset backed by human intelligence and hard work. Buying INFINITY tokens is the first step towards joining the ONE SMALL TOWN community and making our vision a reality. To get your tokens, visit our website https://lnkd.in/grKjhyHe and click on the black “BUY INFINITY TOKEN” button at the bottom of the page. #OneSmallTown #Unity #OST #INFINITY #Token #Characteristics #ConstantRise

**🚨Breaking News🚨**  💱 FUSE Network (FUSE), a web3 payment infrastructure project, has joined forces with Polygon Labs to develop an Ethereum-based zero-knowledge (ZK) layer 2 network. The partnership leverages the Polygon Chain Development Kit (CDK) to facilitate this collaboration. This initiative aims to enhance the capabilities of the Ethereum network and advance the adoption of ZK technology. 🌐💡 #Bitcoinworld 🪙🔗🚀