Polygon

Polygon has announced that it will be utilizing its Polygon Crypto Development Kit (CDK) to build Arcana's upcoming Validium solution. Validiums are a Layer 2 scaling solution that aims to enhance the capabilities of the Ethereum network. Polygon expressed excitement about this collaboration, stating that Arcana's Validium will revolutionize the Web3 landscape. The integration of Polygon CDK is expected to unlock new possibilities for the project.

Libre, a new zero-knowledge Layer 2 chain built on Polygon CDK, has launched a platform that enables the tokenization of financial assets from major institutions like Brevan Howard and BlackRock. This development allows investors to access tokenized versions of funds from these firms. Libre's architecture, made possible by Polygon CDK, provides a compliant and transparent avenue for financial institutions to tokenize alternative assets. The platform aims to unlock untapped assets under management by creating digitally native funds with broader access for eligible investors. Libre Gateway is the next milestone to enable interoperability with other protocols and eventually connect to the AggLayer.

Polygon has announced the results of its Village Community Grants program, which utilized quadratic funding to distribute matching grants to projects building infrastructure and contributing to the growth of the Polygon ecosystem. The Village Buidl & Infra rounds awarded a total of $408,078 to 184 projects focused on areas like tooling, bridges, security, AI, and more. Notable grantees include MandeNetwork, PheasantNetwork, Polyzoa, BayaniChain, and RetypeMe among others. The grants program highlights Polygon's commitment to decentralized, community-driven funding and development.

Polygon zkEVM, a layer 2 scaling solution for Ethereum, has integrated with Dune Analytics, a leading blockchain data analytics platform. This integration provides comprehensive data analytics resources, including Dune dashboards and API access, for developers, researchers, and users within the Polygon ecosystem. It marks a significant advancement in enabling deeper insights into transaction speeds, smart contract performance, and overall accessibility of Polygon zkEVM data.

Polygon Labs, Solana Foundation, Wormhole Foundation, and DeFi Fund are organizing two Crypto Policy Bootcamps at the Consensus event on May 29, 2024, in Austin, Texas. The bootcamps aim to educate attendees on effective crypto advocacy and provide tools for engaging in policy discussions. The morning session will run from 8:30 am to 1 pm, while the afternoon session is scheduled from 12 pm to 4:15 pm, with a joint networking lunch. Applications for the bootcamps are now open.

Polygon, a prominent Ethereum scaling solution, has retweeted information about AggLayer and shared sequencers, technologies that are expected to further enhance the already dominant Ethereum layer 2 ecosystem. The tweet suggests that those who are not closely following these developments should pay attention, as these innovations will supercharge the Ethereum layer 2 scaling capabilities.

At the recent GDC web3 gaming roundtable, key insights were shared by industry leaders. Bryce Toner of Wilder World emphasized the importance of connecting to the AggLayer and tapping into liquidity to focus on building applications. Additionally, Brian Farmer provided context on the role of community in exploring the frontiers of zero-knowledge innovation and Ethereum scaling solutions.

Polygon has announced the upcoming integration of the cdk-erigon RPC node into its zkEVM testnet. Developed by the Gateway Ethereum team, cdk-erigon is a high-performance client that promises significant improvements in maximum transactions per second (TPS) and synchronization times. Early benchmarks suggest orders of magnitude gains in performance, with over 150 times faster sync times and 10 times less disk space utilization compared to existing solutions. The cdk-erigon RPC node is now available for testing on Polygon's zkEVM testnet, with the repository link provided.

Tokenization is transforming static and illiquid assets into dynamic and liquid ones. Tokenized liquid staking allows the value of staked assets to be converted into liquid tokens, combining the security of staking with market fluidity. Laser Digital's Liquid Staking Fund and TruFinProtocol's TruMATIC offer institutions access to the growing Polygon ecosystem, enabling secure, scalable, and efficient exposure and adoption. These innovations provide institutions with a stake in the future of finance.

Wilder World, a project exploring zero-knowledge innovation and Ethereum scaling, has announced plans to build their own blockchain using the Polygon Compact Decentralized Kernel (CDK). This move aims to leverage Polygon's technology for creating customized, application-specific blockchains. The announcement highlights Wilder World's commitment to pushing the boundaries of zero-knowledge proofs and scaling solutions for the Ethereum ecosystem.