Two DeFi heavyweights will be integrating the one-time Ethereum competitor
As cripplingly high gas fees put scalability in the spotlight and multiple platforms rush to become the preferred home of Ethereum’s decentralized finance (DeFi) ecosystem, layer-two sidechain Polygon may be emerging as a frontrunner after scoring two big wins today. Both lending protocol Aave and portfolio management and batched transaction platform Zapper have announced that they will be offering implementations on Polygon. Aave will be launching a trimmed-down a fork of its money market with 7 assets available for borrowing and lending at launch, and Zapper will enable Ethereum-to-Polygon transfers in the first step towards enabling cross-chain “zaps,” their term for multi-transaction, single-click deposits and withdrawals. Polygon, a recent sidechain rebrand of one-time Ethereum competitor Matic, enables significant increases in throughput
Bitrace Reveals Over 3.4 Billion Risky TRC20 USDT Flowing into OTC Addresses: Report
In a recent fund analysis conducted by Bitrace on Tron addresses involved in over-the-counter (OTC) businesses, findings indicate…
