Polygon

**Polygon has advanced to the semifinals** in JokeRace's Community Chain Showdown, competing to become the platform's primary contest deployment chain. **Key Details:** - Voting is currently live and active - More votes translate to increased rewards for participants - Community members can cast their votes directly through the contest platform **What's at Stake:** The winning chain will host JokeRace's contest infrastructure, potentially bringing significant activity and engagement to the selected network. Vote now to support Polygon's bid: [Cast your vote here](https://jokerace.io/contest/base/0xb44509957b915287279c9323d0ecfc31361250db)

**Money Rails** event is approaching fast - less than two weeks to go! **Key Details:** - **Date:** November 18, 2025 - **Location:** Buenos Aires, Argentina - **Focus:** Networking, panels, and building the future of money infrastructure **Who's Attending:** - Polygon Labs team - Key financial industry leaders - Blockchain payment innovators The event coincides with Devconnect and features sponsors like **Relay Protocol** (processed $9B+ volume), **Ripio** (12+ years in Latin American crypto), and **Pi Squared** (building FastSet for instant payments). **Registration:** Free with Devconnect ticket at [luma.com/311rbz5b](https://luma.com/311rbz5b) *Join the conversation shaping how money moves onchain.*

**Katana** is a specialized financial network incubated by Polygon Labs, designed as a **revenue-generating ecosystem** rather than a general-purpose rollup. **Key Features:** - Every transaction, pool, and vault generates revenue - Revenue flows back to DeFi liquidity providers - Compounds liquidity across the entire ecosystem - Powered by partnerships with Morpho and Yearn Finance **The Flywheel Model:** - VaultBridge vaults natively produce yield for Katana apps - Rewards directed only to chain-aligned applications with active users - Creates incentives for active participation - Users earn more rewards on Katana than competing platforms **Current Opportunity:** Users can participate in the pre-deposit campaign by depositing USDC, USDT, ETH, or WBTC to earn loot boxes containing $KAT tokens and NFTs. This approach represents a shift toward **value-aligned capital activity**, creating better outcomes for builders, integrators, and users through a positive-sum economic model.

**Polymarket demonstrates prediction market accuracy** by calling outcomes before traditional media headlines. The platform leverages **decentralized prediction markets** built on Polygon blockchain to forecast events in real-time. Key advantages include: - Real-time settlement capabilities - Low transaction fees - Global accessibility **Market dominance**: 79% of decentralized prediction markets operate on Polygon, with Polymarket and Azuro Protocol leading adoption. This showcases how blockchain-based prediction markets can provide faster, more accurate information than conventional news sources through crowd-sourced intelligence.

**Polygon announces October Yapper Leaderboard winners** Polygon and Kaito have revealed the top 50 creators for October who will share a **30,000 USDC prize pool**. The winners include prominent community members like: - @Carlitoswa_y - @obchakevich_ - @LennaertSnyder - @Nofuturephoto - @divine_economy And 45 other active contributors who helped shape narratives, shared insights, and built community engagement around Polygon. **Recognition for community building** This monthly program rewards creators who consistently contribute to Polygon's ecosystem through content creation and community engagement. The initiative encourages ongoing participation with the motto *"Yap loud. Yap often. Yap Polygon."* Check the full leaderboard at [yaps.kaito.ai/Polygon](http://yaps.kaito.ai/Polygon)

**Open source ZK technology is accelerating privacy and scaling solutions** across the blockchain ecosystem. **Key developments include:** - Polygon's Plonky2/3 and new ZiskVM enabling significant leaps in ZK capabilities - Agglayer + CDK providing ZK-secured infrastructure - zkEVM+ offering censorship resistance through integrity proofs **Real-world implementations are emerging:** - Ternoa launching ZK-powered Layer 2 using Polygon CDK - Integration with Avail Project's data availability solutions - Modular, open source toolkits making ZK development more accessible The **combination of open source code and ZK technology** is lowering barriers for developers while enhancing security and scalability for digital assets on Ethereum.

**Purple chain achieves new peer-to-peer all-time high** for October, marking significant growth in decentralized transactions. The milestone demonstrates increased adoption of direct user-to-user transfers on the network. This follows previous developments in real-time payment tracking capabilities. **Key highlights:** - New P2P transaction volume record set - Continued momentum in direct peer transfers - Enhanced payment infrastructure supporting growth The achievement reflects growing confidence in decentralized payment solutions and network scalability improvements.

**Polygon has emerged as the dominant blockchain for stablecoin transactions in Latin America**, processing more stablecoin transfers than all other EVM chains combined (excluding Ethereum). **Key Market Position:** - More than **50% of stablecoin liquidity** in emerging markets operates on Polygon - Lifetime stablecoin transfer volumes show Polygon leading significantly in LATAM - Over **$1B processed** in LATAM CEX flows this year **Why Polygon Leads in LATAM:** - **Low fees** compared to other networks - Strong **liquidity and integrations** - Regional stablecoins like BRLA and BRZ settle on the network - Apps integrate with local payment systems (Pix, SPEI, PSE) **Market Context:** Stablecoins have become the default for saving, sending, and spending in Latin America due to inflation and financial exclusion. While Ethereum handles high-value settlements and Tron carries low-cost USDT transfers, **Polygon dominates payments, apps, and consumer finance**. **Upcoming Event:** Learn more about the LATAM ecosystem at Money Rails during Devcon on November 18 in Buenos Aires. [RSVP here](https://moneyrails.io/)

**Ripio joins Money Rails** as an official sponsor for the upcoming blockchain summit in Buenos Aires. The **12-year veteran** crypto company brings extensive experience serving Latin American markets with blockchain solutions for individuals and businesses. **Key details:** - Event: Money Rails summit during Devconnect - Date: November 18, 2025 - Location: Buenos Aires, Argentina - Focus: Future of onchain payments and digital finance Ripio specializes in **blockchain-driven technological solutions** aimed at strengthening the digital economy across all population segments in Latin America. The summit promises networking, panels, and insights into payment innovations as the industry builds infrastructure for onchain money movement. [Get tickets at moneyrails.io](http://moneyrails.io)

**Amravati, India** is moving government records onto the **Polygon blockchain**, marking a significant step in digital governance. **What's Being Digitized:** - Land titles and property documents - Tax records and data - Government certificates The city of nearly **1 million residents** chose blockchain technology to address common government record issues - paper documents can be destroyed, servers fail, and files get lost. **Why This Matters:** Blockchain storage offers **transparency, security, and immutability** - solving problems that have plagued traditional record-keeping systems. This follows similar moves in India, where another district previously digitized over 700,000 land records on Avalanche blockchain. [Read more about the deployment](https://www.ccn.com/news/crypto/indian-city-amravati-government-records-on-the-blockchain/)