Halloween Trading Competition on Polynomial Trade
Halloween Trading Competition on Polynomial Trade
Polynomial Trade is organizing a Halloween Trading Competition from November 1st to November 8th, 2023. Traders have a chance to win up to 2,000 $OP in rewards. The competition is based on the realized PnL of the traders. The prize pool includes 1st place: 650 $OP, 2nd place: 400 $OP, 3rd place: 250 $OP, and 4th to 10th place: 100 $OP. Traders with $0 PnL are not eligible for prizes. Participants are required to trade on any market during the competition period. Good luck and happy trading!
Polynomial Chain Partners with Socket Protocol for Enhanced Chain Abstraction
Polynomial Chain has announced a partnership with Socket Protocol to strengthen its abstraction layer. This collaboration will enable users to interact with decentralized applications (dapps) on Polynomial Chain without dealing with the complexities of the underlying blockchain technology. The partnership builds on a previous integration of Socket into Polynomial's zkBridge, which has been providing seamless and cost-effective bridging options. Socket recently introduced Socket 2.0, a Chain Abstraction Protocol, promising improved user experience for both users and developers. Polynomial Chain plans to incorporate these new improvements into their zkBridge.
Polynomial Unveils New Ethereum L2 with Native Liquidity Layer
Polynomial has announced a significant development in its trajectory, introducing Polynomial Chain, described as the only Ethereum Layer 2 solution with a native liquidity layer for hyper-scaling derivatives. This new chain aims to improve the derivatives trading space beyond the company's existing platform. Polynomial is offering invite-only access to the chain when it goes live, with interested parties encouraged to post tweets in a specified channel to secure their invitation. In a related update, Polynomial Chain will offer Pyth's pull oracle to all its builders, emphasizing the pull rather than push approach for data retrieval.
Introducing Clan Wars: Compete for $10k in $OP
Polynomial Protocol announces the launch of Clan Wars, where participants have the chance to win at least $10k in $OP. Join a random clan, pay an entry fee of $10 in sUSD, USDT, or USDCe, and compete for the highest Profit and Loss (PnL) to seize victory. The loot will be split among all winning clan members, with 30% distributed equally and 70% based on PnL contribution. A minimum trading volume of $10,000 is required to qualify for rewards. Participants will be assigned roles on Discord based on their clan.
Exciting Announcement: Mystery Boxes Coming Soon
The Polynomial Protocol community has announced that something special is on its way to loyal traders. Mystery boxes will soon be revealed and traders are encouraged to get ready to discover theirs.
Fee rebate claim is now live on Polynomial Trade
A total of 2500 $OP tokens (~$8000) have been distributed as fee rebates and sent to smart wallets on Polynomial Trade.