Hola readers! Uniswap v3 had a volume of $3.2 Bn in May- highest since its launch, OnlyFans founder makes crypto debut with Zoop, a celebrity trading card, which will be powered by Polygon, and $USDT is now coming to Polygon.
Let’s dive in.
Key takeaways:
Once again Aavegotchi witnessed a hike across transactions- 463k (+77%) and users- 18k (+5%). Arc8 (54k) topped the charts in terms of user growth, increasing 64% in the past week. Some new entrants in the Top 20 dApps on-chain are PlanetIX (13k), Clipper (11k), and Cyber arena (10k).
Gas Fee saved by using Polygon: $17.2 Million daily($6 per Txn)
For in-depth weekly analysis threads, view our Analytics resources on GitHub.
Polygon has made a major first step toward becoming carbon negative with the retirement of $400,000 in carbon credits representing 104,794 tonnes of greenhouse gasses, or the entirety of the network’s CO2 debt since inception. The milestone comes after Polygon in mid-April released its Green Manifesto, part of its broader vision for sustainable development. The […]
Clink Clank For a period of time, democracy in ancient Athens was exercised in a peculiar way.* Every eligible voter, when entering the hall, would receive a single pebble to be cast in one of two urns during assembly, signifying approval or disapproval on an issue. Athenians, understanding the significance of votes being cast anonymously, […]
Given the urgency of the climate crisis, it may come as a surprise that the fossil fuel industry receives about half a trillion dollars a year in government subsidies. The truly shocking part is that renewable energy alternatives get less than a third of that. Reneum is trying to right the imbalance by using blockchain […]
Polygon is donating $100,000 to Gitcoin Grants Round 14 to ramp up the on-going support for new projects building on the Polygon ecosystem. The core team has already pledged $1 million to Gitcoin over five quarterly grants until December 2022 in order to help and encourage the growth of Web3. Who is eligible Applications for […]
Conventional wisdom has it that traditional finance (TradFi) and decentralized finance (DeFi) go together like vampires and garlic. But there is one area of TradFi where that black-and-white picture shades into gray. This is the case for why neobanks will be key to bridging these two worlds. Neobanks, or digital banks, are basically banks without […]