Polygon users now have access to instant USDC, DAI, and USD transfers. DeversiFi, an L2 DeFi trading platform, is launching a bridge to Polygon to enable instant, free, and frictionless deposits and withdrawals of such assets between the two platforms. This move will also increase liquidity across different blockchains.

The Polygon ecosystem is a catalyst for the broader adoption of blockchain technology, dApps, and decentralized finance. Its network provides very fast transactions at a much cheaper rate than Ethereum can offer. Many DeFi bluechip projects such as Sushiswap, Curve, Aave, Balancer, Kyber have migrated to Polygon or enabled support through other means to use these favorable network circumstances, making it one of the most widely adopted blockchains outside of Ethereum. DeversiFi acknowledges the strong position Polygon is in, and extending this bridge will benefit both projects equally.

Polygon users will be able to instantly transfer USDC, USDt, and DAI to their DeversiFi wallet on the Polygon network. Within minutes, funds will be available in their exchange account on Ethereum. Any future withdrawal back to Polygon will occur even faster. A welcome development that makes DeFi more accessible and convenient to use for both novice and advanced cryptocurrency enthusiasts.

Once on DeversiFi users can send their tokens between accounts, withdraw quickly to Layer 1, participate in fair token launches or swap and trade with the deepest liquidity out of any Layer 2 exchange.

DeversiFi CEO and Co-Founder Will Harborne adds:

“Polygon has on-boarded a whole new wave of users into DeFi on its low-cost commit-chain. With the launch of this new bridge, the Polygon and DeversiFi communities, for the first time, can move seamlessly between the two DeFi ecosystems without ever touching layer 1 Ethereum, all for free.”

“The DeversiFi team was the first one to launch a DEX on the StarkWare ZK-Rollup (Validium) technology and is already launching an AMM and ways to earn yield. We are aligned in that we both have a mission to make DeFi easy for everyone,” said Sandeep Nailwal, Co-Founder of Polygon. 

Today, Polygon notes over 125,000 active daily users who will be able to benefit from this seamless bridge to L2 as part of the DeversiFi ecosystem. The Polygon protocol and framework has come a long way since its inception in 2019 and continues to push the boundaries of innovation, integration, and accessibility.

DeversiFi plans to add more support tokens and assets to its bridges to Polygon and Ethereum over the coming months.

About Polygon

Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 450+ Dapps, ~350M txns, and ~13.5M+ unique users.

If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.

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About DeversiFi

Launched in August 2019, DeversiFi is the industry’s first professional-grade, self-custodial trading solution. DeversiFi is the easiest way to access DeFi opportunities on Ethereum: invest, trade, and send tokens without paying gas fees. It brings security, privacy and control to the end user, without sacrificing any of the cornerstones of profitable trading (speed, liquidity, choice). It’s our mission to make DeFi accessible to everyone.

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Media contact: 

Nadja Poljo

nadja @ yapglobal.com 

@nadjapol

Cryptomob 42 has emerged as a popular project that unites people who are interested in NFTs and who have a sound knowledge about this particular type of cryptocurrency. Cryptomob 42 has created a positive environment for its users and members. Before diving into the review of Cryptomob 42, it is necessary to have an introduction to this particular project.

What is Cryptomob 42?

Nowadays, NFTs have gained huge popularity among people. NFT stands for Non-Fungible Token. The NFT industry has become a multi-billion dollar industry. Many popular celebrities including actors, artists, musicians, and designers are taking great interest in NFTs as they aim to make money through this route.

Cryptomob 42 is a project that represents the particular individuals who like to identify themselves as a group owing to their similar interest in NFTs. These individuals aim to make something positive and beneficial out of their combined interest in NFTs.

The project is based upon a collection of NFTs known as 1420 Cryptomob 42 NFT. This is a digital collection that is available on the Ethereum.

Cryptomob 42 provides a unique and interactive experience to its users and members where they can enjoy as well as win different Ethereum` prizes.

Positive Aspects of Cryptomob 42:

The creators of Cryptomob 42 have focused on certain major aspects, giving them a priority, and have developed these aspects to such an extent that they make this project both beneficial and enjoyable for the users and members. following is a list of these prioritized aspects:

1. Interaction among Users:

The developers of Crytomob 42 have aimed to provide the opportunity for enjoyable interaction among the users of this project. The users of Cryptomob 42 are given two cards along with a collectible that is part of an artwork. This artwork consists of contributions from all the users of Cryptomob 42 which makes this project very interactive.

2. Developing and Building a Safe Community:

The users and members of Cryptomob 42 are people who have a common interest that is NFTs. Cryptomob 42 is a project which is based on this particular common interest. This project provides an enjoyable, fun, and also safe community to all the NFT enthusiasts where they can have discussions with like-minded people.

3. Active Social Media Handles:

As NFTs are based online and over the web, the social media handles of Cryptomob 42 are active where all the announcements regarding future discussions, events, and competitions are made.

4. Games:

As stated earlier, Cryptomob 42 aims to make its users enjoy and have fun. For this purpose, this project conducts games like Bingo which utilizes CryptoBingo cards. Cryptomob 42 provides a lot of other games too making sure that all the members and users of this project are given a fair chance to win Ethereum` prizes.

5. Unique and Rare Designs:

Each image of Cryptomob 42 is unique and rare with distinct backgrounds and accessories which makes them different from one another. Each M.O.B. has tags attached to it that describe the strength as well as the name of the gang. This creates a fun and colorful experience for the users and members of Cryptomob 42.

CONCLUSION:

Cryptomob 42 is a project which consists of members that have a common interest which is NFT. This project aims to create a safe, supportive and enjoyable environment for its members and users where they can interact which each other, have discussions revolving around NFTs, and also participate in games to win prizes. All in all, Cryptomob 42 is an excellent project that is beneficial for people who are interested in NFTs.

imToken, one of the largest crypto wallets, now offers full support of Polygon, enabling users to easily and securely access their digital assets together with Polygon’s decentralized apps (Dapps) in a non-custodial fashion, allowing control without sacrificing security

LOCATION, DATE – Polygon, an Ethereum-based full-stack scaling solution bringing mass adoption to the Ethereum platform, today announced that imToken’s feature-rich iOS and Android wallet now fully supports Polygon — making it easier to build on, and connect to the Polygon DeFi Ecosystem.

It is worth noting that Polygon has one of the largest number of crypto exchange and wallet users outside of Ethereum with its Binance Exchange Wallet, Trust Wallet, Coinbase Wallet, Huobi Wallet, OKEX Wallet support. Thanks to Polygon integration, users can utilize top DeFi bluechip Dapps including Sushiswap, Curve, Aave, Balancer at a low cost.

This newfound imToken support will allow users to securely access their digital assets, participate in decentralized apps (Dapps) on Polygon, and easily manage their decentralized finance (DeFi) portfolio and NFTs on Ethereum – all in one place. The latest version of imToken allows Polygon users to keep an eye on token prices and their asset balances, including balances on Aave, QuickSwap, Curve, and SushiSwap, and even NFTs on OpenSea, from inside their wallets. Similar to the browser wallets they’re accustomed to, users can also effortlessly manage, send, and receive tokens. Additionally, users can access Polygon’s hundreds of Dapps without ever leaving their imToken wallet. 

Since April this year, Polygon’s Total Value Locked (TVL) — a metric that denotes market share and growth — surged from $1 billion to nearly $9 billion. 

Moreover, despite the broader DeFi market plunging in June, Polygon’s TVL has risen exponentially, capturing some of the decentralized exchange volumes of competitors, including Binance smart chain (BSC), per a Messari report.

The growing market share of Polygon suggests there’s an increasing demand for decentralized applications on faster and cheaper blockchain solutions. 

Polygon’s ethereum scaling solutions have continued to witness widespread adoption, with the protocol now boasting 450+ Dapps, ~350M transactions, and 13.5M+ unique users. The integration with imToken’s decentralized wallet aims to further streamline DeFi access and adoption. 

Sandeep Nailwal, Co-Founder of Polygon, said: “Polygon has experienced impressive growth in the US and UK. But our goal is to become a global leader. In line with our mission, Polygon’s integration with imToken will allow us to gain a strong foothold in Asia now that users are just a few clicks away from accessing our cutting-edge features and Dapps.” 

“Together, Polygon and imToken will work to unlock Ethereum’s potential to become the fundamental settlement layer of Web 3.0. With Layer 2 scalability, Ethereum 2.0 will become more scalable than it is today, enabling faster transactions, lower costs, and higher throughput,” Nailwal added. 

Backed by billionaire entrepreneur Mark Cuban and adopted by the likes of NFT artist Beeple, legendary gaming studio Atari, and NFT marketplace Opensea, the Polygon team recently launched Polygon Studios, an NFT-centric gaming hub designed to facilitate seamless access for traditional game developers to integrate blockchain and NFT elements into their platforms.

Providing fast, easy and economical technology and adding imToken integration, Polygon brings the world to Ethereum and Web3 and takes its NFT and DeFi offerings to the next level.

– ends –

About Polygon

Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc., and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 450+ Dapps, ~350M txns, and ~13.5M+ unique users. To learn more, visit their website & be a part of their social media communities.

PR contact: masha @ matic.network

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About imToken

imToken is a decentralized digital wallet used to manage and safeguard a wide range of blockchain- and token-based assets, identities, and data. Since its founding in 2016, it has helped its users transact and exchange billions of dollars in value across more than 150 countries around the world. imToken allows its users to manage assets on 20+ mainstream blockchains, as well as seamlessly connect with DApps via a decentralized applications browser. To learn more, visit https://token.im/.

Wuba is a character from an adventure movie called Monster Hunt. the movie portrays a scenario where humans and monsters can live together in harmony and that is what Wuba Finance wants to convey with its project. The Wuba character that represents the cryptocurrency of Wuba finance will form a connection with the users and help in creating a positive and impactful community. It is also unique and aligns with the vision of the coin and thus is promising a very effective journey. 

Wuba is a decentralised digital currency in a distributed ledger that records ownership of digital assets. Wuba has the standards of BEP20 and is built on the Binance Smart Chain system that helps in smooth frictionless transactions with extremely low fees. 

10% out of the total supply will be used for the development. Another 10% is used for developers which will be locked for a year. 20% is for the burn and 50% is for the marketplace which will be locked every 3 months. Wuba has a 1% transaction fee because of being deflationary and that will be distributed to the token holders as passive income. 

Wuba World: is the community place and the dreamland of Wuba Finance where people come together as a community. This is the place where users can make use of their $WUBA coins to the best. It has game slots, where people can test their lucks. Wuba World will be launched in October or November 2021. 

Wuba NFT: Wuba NFT is the platform where users can create their own NFTs in whatever and whichever way they want. It is also a place for NFT trade and thus serves the dual purpose of being a holistic marketplace. 

To know more about Wuba Finance and to join the community, visit: https://wuba.finance/

As the pandemic takes a toll on everyone’s income and livelihood, people are turning towards alternative sources for income. One of them is trading and it involves a couple of niches as well. Crypto has boomed lately and is as popular as the stock market these days. The price of cryptos have been fluctuating more than ever and this is a good sign to say that the industry is developing. Meme coins are like the celebrities of crypto. They are excellent at marketing and catch the attention of influencers. We all know that Dogecoin is the king of meme coins and now we have Doge Smeagol following the footsteps of Dogecoin. 

Introducing Doge Smeagol

Doge Smeagol is a cryptocurrency that is learning from the life of Dogecoin. Doge Smeagol is a deflationary token whose supply will be reduced in some time. The coin will also be burnt to maintain liquidity. It values its holders very much and 3% of every transaction fee will be distributed to the holders. This is a great source of passive income. It has an anti-whale system and it also rewards the long-term holders. 

A Crypto Community 

Along with functioning as a full-time crypto initiative, Doge Smeagol also builds a strong community of like-minded people. It is important to have someone by our side in these testing times and Doge Smeagol aims for that. The fun-loving vibrant community of Doge Smeagol helps people with a lot of services and advice. 

What makes Doge Smeagol stand out?

Doge Smeagol always gives back to its people. So for every single transaction, 3% of the transaction fee is given back to the holders. 7% of the transaction fee is sent to the liquidity pool which is fully locked. This helps in being less volatile and also increases the price floor. 

To know more about Doge Smeagol, visit: https://dogesmeagol.com/

SANTA CLARA, USA – July 26th, 2021 – Deeper Network, the decentralized infrastructure for Web 3.0, is announcing that the launch of their long-awaited Genesis Node Mining event will begin today. This will allow users who contribute bandwidth to the deeper network access to rewards. The incentivization will serve to power the Deeper Network to deliver a more secure private and fair internet for everyone. To increase the interest in the launch, Deeper Network has also announced special limited-edition rewards for participants in phase one of the mining. 

Overview

Deeper Network is a decentralized network built on blockchain that delivers network security through a sharing economy thus creating a fairer internet. The network is built on top of Deeper’s revolutionary hardware, The Deeper Connect, that allows users to become a node in the network and then act as both client and server in the next stage of evolution for the internet. AtomOS is the world’s first lock-free operating system and is the software that powers Deeper. User’s data sent on Deeper cannot be logged, leaked, hacked, or subpoenaed because it is distributed across a serverless network, making it one of the most secure ways to transmit data.

Deeper Network is building a network that will empower people to fight censorship, safeguard privacy and recapture their internet freedom. The project has already garnered a lot of interest across the crypto sphere as evidenced by the interest in Deeper Network’s Deeper Connect Mini and Nano which have sold out multiple times since the beginning of 2020. A retail partner of Deeper, StackCommerce sold out 2,000 Deeper Connect Nanos in just a few days, while Indiegogo, the world’s top crowdfunding platform, sold out more than 5,000 units in just a week. 

In order for Deeper Network to fulfill its potential, it is vitally important that its users supply bandwidth to the Network through their Genesis Node Miner. Genesis Node Mining is so essential because it incentivizes Deeper’s users to provide the bandwidth that will lay the foundation for the entire network. 

Rewards will be paid out in Deeper Network’s native token, DPR, which stands at the centre of the entire ecosystem. There are a total of 10 billion DPR tokens, 60% of which are allocated for mining incentives. To highlight how significant a step this is for the development of this project, 30% of the tokens allocated for mining rewards, 1.8 billion DPR tokens, are reserved for The Genesis Mining event. 

To further incentivize participation in the Genesis Mining, participants in phase one will receive a free limited-edition 24k gold plated Genesis Node Miner which will become a rare and valuable collectors item. There has been immense interest surrounding this event globally and many have been awaiting its official announcement. In order to participate in the Genesis Mining, participants must be on the whitelist. Deeper Network is committed to a fair launch and as such, the whitelist is open to anyone as long as Deeper can ship the Genesis node minor to the participant’s address.

For more information about The Genesis Node Mining and on how to participate, check out Deeper’s Medium for the details HERE. 

About Deeper Network 

Deeper Network is the decentralized and secure gateway to a more democratic internet. The project aims to empower every household with a better internet experience and become the de facto portal to Web 3.0. Deeper Network’s flagship hardware line, the Deeper Connect, is the world’s first blockchain-powered gateway that enables users to securely and privately browse the internet free of censorship.

Deeper Network is led by a team of seasoned industry professionals whose backgrounds include Intel, Amazon, CoinMarketCap and Quantum. Their products are sold on Amazon, Best Buy and Indiegogo with over 10,000 units already sold.

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NEW YORK, NY / ACCESSWIRE / July 29, 2021 /–Polygon proof-of-stake (PoS) is an Ethereum scaling solution whose ecosystem attracts the brightest developers from all over the world. Its focus on solving scalability and fostering new ideas and concepts has attracted the most promising talent. The Graph, the decentralized indexing and querying protocol for the decentralized web (Web3) that queries networks including Ethereum, IPFS, Celo, and Avalanche expands its presence by using Polygon network for its billing technology, Subgraph Studio.

Developers from all over the world continue to flock to Polygon for its technological capabilities. The network’s high-performance and scalable infrastructure facilitate the development of large-scale ideas and concepts capable of ushering in broader mainstream adoption of blockchain technology. The Graph’s team is excited to use Polygon for its billing ecosystem to help reduce gas costs for users on The Graph.

As the preferred solution for building decentralized applications and products on Ethereum and IPFS, The Graph, as a blue-chip Web3 protocol, has over 20,000 developers building subgraphs for Web3 applications. The Graph has now expanded its use case by launching its billing solution on the Polygon network. Subgraph Studio, The Graph’s billing solution allows developers to build, test, and deploy subgraphs and manage their API keys. Polygon is a choice over other solutions because it enables near-instant and low-cost transactions for both its users and developers alike.

The generation of query fees through API keys on The Graph incurs a cost for developers. All invoices of Subgraph Studio are generated weekly in the system. By building this billing technology on Polygon, users of The Graph will benefit from near-instant and low-cost transactions for users and developers. Querying data through The Graph becomes seamless and will fuel the development of new dapps without worrying about high costs. 

This move by The Graph marks another milestone where Polygon is used as a preferred scaling solution of Ethereum. Its lower fees, higher efficiency, and native compatibility with Ethereum dapps make Polygon popular among developers and users. 

About The Graph

The Graph is the indexing and query layer of the decentralized web (Web3). Developers build and publish open APIs, called subgraphs, that applications can query using GraphQL. The Graph currently supports indexing data from 22 different networks including Ethereum, Arbitrium, Avalanche, Celo, Fantom, Moonbeam, IPFS, and PoAa with more networks coming soon. To date, over 18,000 subgraphs have been deployed on the hosted service and now subgraphs can be deployed directly on the network. ~20,000 developers have built subgraphs for applications such as Uniswap, Synthetix, Aragon, Gnosis, Balancer, Livepeer, DAOstack, AAVE, Decentraland, and many others.

If you are a developer building an application or Web3 application, you can use subgraphs for indexing and querying data from blockchains. The Graph allows applications to efficiently and performantly present data in a UI and allows other developers to use your subgraph too! You can deploy a subgraph or query existing subgraphs that are in Graph Explorer. The Graph would love to welcome you to be Indexers, Curators and/or Delegators on The Graph’s mainnet. Join The Graph community by introducing yourself in The Graph Discord for technical discussions, join The Graph’s Telegram chat, or follow The Graph on Twitter! The Graph’s developers and members of the community are always eager to chat with you, and The Graph ecosystem has a growing community of developers who support each other.

The Graph Foundation oversees The Graph Network. The Graph Foundation is overseen by the Technical Council. Edge & Node and StreamingFast are two of the many organizations within The Graph ecosystem.

About Polygon

Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc., and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 500+ dapps, ~350M txns, and ~13.5M+ unique users.

If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your dapp, get started here.

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PR contact: [email protected]