Polynomial Protocol

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 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.

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.

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.

A total of 2500 $OP tokens (~$8000) have been distributed as fee rebates and sent to smart wallets on Polynomial Trade.

Polynomial Protocol has introduced Polynomial Wrapped. Traders who QT this with their wrapped tokens have a chance to win a share of $100.

Polynomial Protocol has opened applications for their exclusive Ambassador Program. Ambassadors will have the opportunity to showcase their deep DeFi knowledge and trading skills, gain recognition in the community, access exclusive perks, and earn monthly rewards. Limited spots are available, so interested individuals should apply soon.

Join the 'DeFi Derivative 2023 Round Table' on Twitter Spaces with industry leaders Synthetix, Gains, Rabbitx, MUX, IntentX, and Kwenta on Thursday, December 21 at 5 PM UTC.

New markets including $BONK, $TIA, and $PYTH perps are now available for trading on Polynomial Trade with up to 25x leverage.

Polynomial Protocol has launched a Halloween Trading Competition where participants can trade derivatives to stand a chance to win up to 2000 $OP in rewards. Start trading now!