Polygon

A significant development in the blockchain space as a crypto-native prediction market platform announces partnership with one of the world's largest social media platforms, leveraging Polygon's infrastructure. This follows the growing trend of prediction markets emerging as a key blockchain use case, with data showing **87% of prediction markets currently operate on Polygon**. - Partnership marks major mainstream adoption milestone - Demonstrates growing institutional interest in blockchain prediction markets - Builds on Polygon's established infrastructure *This development could accelerate mainstream adoption of blockchain-based prediction markets.*

Folks Finance has initiated a $300,000 incentive program to encourage users to explore enhanced yield opportunities across multiple blockchain networks. The protocol offers: - Crosschain lending and borrowing - Unified liquidity pools - Multi-chain staking options - Streamlined trading interface Folks Finance aims to deliver a centralized exchange-like experience while maintaining decentralized, permissionless operations. The platform unifies liquidity across multiple top-tier blockchain networks. [Learn more about the incentive program](https://taskon.xyz/FolksFinance)

Polygon has integrated with NEAR Intents.Swap, enabling trading of major assets and OTC transactions. This follows KyberSwap's recent integration with NEAR Protocol, which introduced: - Seamless cross-chain swaps for BTC, ETH, USDC, USDT, DOGE, and NEAR - Enhanced liquidity access across multiple chains - Improved stable-swap experience with faster finality - Non-custodial trading for non-EVM assets KyberSwap is also developing a dedicated solver for NEAR Intents to optimize trading efficiency.

LooksRare has implemented a **0% marketplace fee** policy for NFT trading, effective immediately. This strategic move aims to enhance trading efficiency and reduce costs for collectors. - Policy applies to all NFT collections on the platform - Traders can maximize profits when flipping high-value NFTs - Platform continues to support creator royalties Visit [LooksRare Collections](https://looksrare.org/collections) to start trading with zero marketplace fees.

Walapay introduces a new stablecoin-powered payment system aimed at revolutionizing cross-border transactions. - **Key Benefits**: - Faster processing times - Reduced transaction costs - Enhanced transparency The solution leverages blockchain technology to streamline international payments, addressing traditional banking friction points. This development follows the growing trend of businesses adopting stablecoins for more efficient payment operations. *Learn more about implementing stablecoin payments at [Walapay](https://walapay.com)*

The first CDK OP Stack with native Agglayer integration has been successfully deployed. This implementation offers: - Performance of 60-100+ Mgas/s (~4,700+ peak TPS) - ZK-powered security with pessimistic proofs - No Superchain tax or seven-day delays - Native interoperability with Agglayer Two stack options are now available: 1. **CDK-opgeth** by @conduitxyz: Familiar OP Stack with ZK enhancements 2. **CDK-erigon** by @gateway_eth: 90% reduced storage and custom gas tokens Future releases will include full execution proofs via SP1 zkVM with Polygon Plonky3. [Start your Agglayer CDK journey](https://conduitxyz.typeform.com/to/CrvgqEeA)

**REX**, a regulated trading platform for tokenized real estate, has launched on Polygon PoS, marking a significant development in property investment accessibility. Key features: - First regulated secondary market for property-backed tokens - Enables fractional investment in residential, commercial, and luxury real estate - Built by DigiShares with U.S. regulatory approval - Offers low-cost, rapid settlement via Polygon - Plans for global expansion and Agglayer integration The platform addresses the longstanding liquidity challenges in real estate, the world's largest but traditionally illiquid asset class. [Read more on Cointelegraph](https://cointelegraph.com/news/tokenized-real-estate-trading-platform-launches-polygon)

The first round of invites for the DC Crypto Policy Bootcamp on October 24th has been sent out. There's still one week left to apply for this event, which aims to educate the industry on government and vice versa. Key points: - Co-hosted by Polygon Labs, Solana Foundation, Wormhole Foundation, and Stand With Crypto - Part of a two-series initiative: 1. Pre-election: Industry advocacy mobilization 2. Post-election: Educational effort for Congress To apply: - Be in Washington D.C. on Oct 24th - Have interest in blockchain advocacy - Want to advance policy landscape Submit your application: [Google Form Link] The organizers look forward to welcoming participants and advancing policy discourse.

Immutable zkEVM, powered by Polygon, is becoming the foundation for Web3 gaming. This development marks a significant shift in the blockchain gaming landscape: - **zkEVM Technology**: Combines zero-knowledge proofs with Ethereum Virtual Machine compatibility. - **Scalability**: Offers improved transaction speed and reduced costs for gaming applications. - **Ecosystem Growth**: Attracts game developers and players to the Polygon network. The phrase 'Slowly, then all at once' suggests a tipping point in adoption. As more games integrate this technology, we may see a rapid acceleration in Web3 gaming popularity and functionality.

Humanity Protocol, a project aiming to provide proof of humanity for the AggLayer ecosystem, has successfully launched its testnet. This development marks a significant milestone in the project's journey. Key points: - Testnet launch powered by Polygon CDK - Brings proof of humanity closer to reality for AggLayer - Represents a step forward in blockchain identity verification This progress demonstrates the ongoing evolution of decentralized identity solutions and their potential impact on Web3 ecosystems. For more information on Humanity Protocol and its testnet, visit their official website or follow their social media channels.