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Polygon
Polygon DAO Weighs $1.3B Stablecoin Deployment to Generate $70M Annual Yield
The plan uses Morpho Labs' vaults to manage USDC and USDT, targeting a conservative 7% annual return using various strategies.

The Protocol: A Quantum Threat to Bitcoin?
Also: An Ethereum dev's defection to Solana; Polygon's big proving-system flex; crypto's most influential

Ethereum Layer-2 Teams Welcome Proposal to Overhaul Blockchain
Far from making zero-knowledge rollups obsolete, the Beam Chain would make them work better, says Polygon. zkSync builder Matter Labs is also bullish.

Web3 Games Funding Stabilizing at $1B in 2024
Web3 gaming is not seeing the $4 billion fundraising highs of 2022 to 2023, but data from Game 7 DAO shows that the sector has stabilized around $1 billion as it matures. Telegram is a new standout platform for game building. Plus, many are leaving Polygon for Immutable and Arbitrum. Check out 2024 Web3 game trends with CoinDesk Anchor Christine Lee on "Chart of the Day."

In Win for Polygon's AggLayer, Magic Labs Unveils Chain Unification Network 'Newton'
Newton will allow for wallet solutions to plug into the AggLayer, which is a Polygon-backed effort to connect affiliated chains and allow tokens to freely move between them. Magic Labs claims its the first dedicated network for wallet solutions and chain unification.

Polymarket Is a Success for Polygon Blockchain – Everywhere But the Bottom Line
One of the major breakout successes this year for the team behind layer-2 blockchain Polygon is Polymarket. But according to data, Polymarket has only brought in about $27,000 of transaction fees for Polygon PoS in 2024.

Why Polymarket Fails to Raise Polygon POL Price
Polymarket has only brought in about $27,000 worth of transaction fees for Polygon Proof of Stake in 2024, according to data tracked by Token Terminal. Why does the popular predictions market fail to boost Polygon's token price despite its soaring popularity? CoinDesk's Christine Lee breaks it down on the "Chart of the Day."

Aggregation Is the Only Way to Unify Web3
Blockchains are stuck in silos, fragmenting liquidity and making for a clunky user experience. It's time to tear down the walls.

Blockchain-Based Investment Platform Assetera to Offer Tokenized Assets on Polygon
Assetera will use Ethereum scaling network Polygon to secure transactions and utilize stablecoins for purchase, clearing and settlement to ensure the process is fast and efficient.

Polygon's POL (MATIC) Token Spikes 15% on Binance Listing
Polygon introduced last week POL. the upgraded version the network's token, migrating from its longstanding MATIC with some tokenomics changes.
