Lido to discontinue services on Polygon in coming months after low adoption
Lido staking requests on Polygon are no longer available. Users can withdraw their staked MATIC through the Lido interface on Polygon up until June 16, 2025.
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Lido staking requests on Polygon are no longer available. Users can withdraw their staked MATIC through the Lido interface on Polygon up until June 16, 2025.
The Aave community is evaluating a proposal to withdraw the lending protocol from Polygon's Proof-of-Stake (PoS) chain. In the Dec.
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Staking protocol Lido has announced a timeline for the sunsetting of its products on Polygon in the coming months.
Aave founder Marc Zeller has proposed new risk parameters on Polygon in response to plans to farm over $1 billion in stablecoin reserves.
Aave founder Marc Zeller has proposed new risk parameters on Polygon in response to plans to farm over $1 billion in stablecoin reserves.
The Aave community is caught between a rock and a hard place after contributor group Aave Chan advocated withholding lending services from Polygon's poS chain. This is in response to another Polygon community request to use over $1 billion in bridge assets for yield generation.
TL;DR Aave Chan proposes adjustments to its services to mitigate risks associated with bridged assets on Polygon. Polygon is evaluating a strategy to leverage $1.3 billion in inactive stablecoins on its network. Security in decentralized finance remains the primary focus of both proposals.
Aave Chan proposed to phase out Aave's lending protocols on Polygon to safeguard the protocol against future security risks.
Ethereum's recent surge past $3,200 highlights renewed investor confidence, driven by favorable economic conditions and growing demand. Polygon is also making headway by strengthening its cross-chain capabilities, enabling seamless asset integration across networks like Ethereum and Solana. But Web3 is truly taking strides in reshaping e-commerce.
Smart car project Dimo is migrating to Coinbase's Base to open the door to potentially valuable partnerships and collaborations.
Cardano's ADA has risen to new highs and garnered global interest. People are speculating on its possibility of reaching above $2. Given market conditions and technical signals, ADA may fall before rising to its all-time high. Meanwhile, Polygon (POL) and Rexas Finance (RXS), a viral $0.
Cardano and Ripple have had a notable run in recent weeks, and they are looking set to break their all-time highs. Still, delays in their price advancement have shifted investor attention to rising stars such as Polygon (POL).
TL;DR Sandeep Nailwal questions the lack of support from Vitalik Buterin for Polygon PoS, despite its contribution to Ethereum's growth. Polygon PoS has managed to reduce transaction fees to $0.015 and facilitated the migration of dApps, but it has not received the expected recognition.
BlackRock announced on Wednesday that it is expanding its tokenized liquidity fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), to operate on multiple blockchain platforms.
BlackRock has expanded its BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to five additional blockchains—Aptos, Arbitrum, Avalanche, Optimism, and Polygon—enhancing access to tokenized real-world assets and integrating with decentralized finance ecosystems. The post BlackRock's BUIDL Expands to Aptos, Arbitrum, Avalanche, Optimism and Polygon appeared first on Cryptonews.
Asset management titan BlackRock is announcing the expansion of its proprietary BUIDL, the company's on-chain money market fund, across five new blockchains.
The tokenized money market fund will launch on nearly half a dozen new blockchain networks.
BlackRock is expanding its tokenized fund — BUIDL — to multiple blockchains.
BUIDL currently leads the tokenized government securities market with $517 million in assets under management.
BlackRocks BUIDL fund now spans Aptos, Arbitrum, Avalanche, Optimism, and Polygon, enhancing access for digital asset investors. The post BlackRock expands BUIDL fund access across Aptos, Arbitrum, Avalanche, Optimism, and Polygon appeared first on Crypto Briefing.
Latest updates on the coins ATOM, MATIC, and TAO.
Swell abandons its initial plans to use Polygon's CDK, selecting Optimism's OP Stack for its Layer 2 migration strategy.
Swell is transitioning to Optimism's Superchain ecosystem and developing an optimistic rollup on the OP Stack.