Polygon Q4 2024: Major Upgrades, DeFi Growth & Institutional Adoption🔥

Polygon closed Q4 2024 with groundbreaking developments, setting the stage for an even stronger 2025. The #AggLayer v0.2 testnet launched in December, with a mainnet release expected in February 2025 alongside integrations with Okto and Agora.

#Polymarket saw explosive growth, handling nearly $3 billion in U.S. election bets and reaching 347,000 monthly active users. Meanwhile, Polygon PoS DeFi TVL hit $871.5M, with Aave leading at an 18.9% increase.

The MATIC-to-POL migration surged, with 88.1% of the supply transitioned, boosting POL’s market cap by 31% to $3.8B. Polygon also ranked 8th in developer activity and expanded institutional partnerships with HSBC and BlackRock.

#Polygon #DeFi #Crypto #TrendyDeFi

*🔥Polygon's AggLayer Rolls Out Pessimistic Proofs for Enhanced Cross-Chain Security*✨

Polygon has announced a significant upgrade to its AggLayer protocol with the implementation of "pessimistic proofs" now live on the mainnet.

This development enhances cross-chain interoperability by introducing a novel zero-knowledge proof mechanism that ensures cryptographic safety for cross-chain transactions.

The AggLayer, a decentralized protocol, aggregates ZK proofs from all connected chains and ensures safety for near-instant cross-chain transactions.

The introduction of pessimistic proofs addresses potential vulnerabilities by treating each chain with caution, thereby securing the entire network of aggregated chains.

🎯This upgrade marks a major step towards a more secure and interconnected multichain future.
**👉Discover more here:** https://polygon.technology/blog/major-development-upgrade-for-a-multistack-future-pessimistic-proofs-live-on-agglayer-mainnet

Polygon Miden Alpha Testnet v6 is Live 🔥

Polygon Labs has launched Miden Alpha Testnet v6, introducing a more stable environment and enhanced features for developers.

This update streamlines account creation for end-users, accelerating the onboarding process. As developers continue to build sovereign dApps on Polygon Miden, the platform's commitment to innovation and user experience remains evident.

The latest Alpha Testnet offers new functionalities for builders to experiment with, reinforcing Polygon's position at the forefront of blockchain technology.

**👉Discover more here:** https://polygon.technology/blog/polygon-miden-alpha-testnet-v6-is-live

*? Voting Round for Premium Pool (POOL 6) Begins! ?*?

The #TrendyDeFi community has secured 51% of the votes to restore the original interest rates for 5 Pools: Experimental, Starter, Standard, Pro, and Advance. To complete this update, there is only one Pool left, Premium. What are you waiting for?
?Vote now:** https://trendydefi.com/vote

✦ All Trendy investors are eligible to vote (one vote per person, regardless of investment amount).

✦ If the consensus rate is above 51%, the proposal will be implemented.

Your participation is important to complete this adjustment and bring all pools into the updated ratio.

#TRENDYDEFI #DeFi #Staking #DAO #Voting

*? Voting Round for Advance Pool (POOL 5) Begins! ?*?

The #TrendyDeFi community has successfully secured 51% votes to restore the original interest rate for Pro Pool (Pool 4). To complete this update, voting for the remaining 2 pools - Advance and Premium - must proceed in sequence.

✦ All Trendy investors are eligible to vote (each person is entitled to one vote, regardless of the amount invested).
✦ If the consensus rate is above 51%, the proposal will be implemented.

Your participation is crucial to finalizing this adjustment and aligning all pools with the updated rates.
?Vote Now: https://trendydefi.com/vote

*? Voting Round for Pro Pool (Pool 4) Begins! ?*?

The Trendy DeFi community has successfully secured 51% votes to restore the original interest rate for Standard Pool (Pool 3). To complete this update, voting for the remaining 3 pools - Pro, Advance, and Premium - must proceed in sequence.

✦ All Trendy investors are eligible to vote (each person is entitled to one vote, regardless of the amount invested).
✦ If the consensus rate is above 51%, the proposal will be implemented.

Your participation is crucial to finalizing this adjustment and aligning all pools with the updated rates.
?Vote Now: https://trendydefi.com/vote

AggSummit Highlights: Three Must-Watch Videos from an Industry-Changing Event

The #AggSummit 2024 brought groundbreaking insights into the future of an aggregated blockchain industry. Key discussions from top innovators and Polygon leaders explored the AggLayer’s transformative potential.

*? Highlights Include:*

?The debut of Newton, a chain-unification network revolutionizing cross-chain connectivity.
?Insights into building a decentralized future for Web3 and the expanding utility of Polygon’s ecosystem.
?Engaging panels showcasing global strategies for scaling Web3 innovation.

?Relive the transformative discussions here: https://polygon.technology/blog/aggsummit-recap-three-must-watch-videos-from-the-future-of-an-aggregated-industry

*? Clearing Up AggLayer Misconceptions*

Polygon’s AggLayer has sparked interest but also confusion. Let’s set the record straight:

*1️⃣ AggLayer’s Role: It’s not a chain but a framework enabling seamless interoperability between Ethereum and other Layer 2 solutions.
*2️⃣ Native Chains Thrive:** AggLayer doesn’t replace Polygon PoS or zkEVM but enhances their functionality.

*3️⃣ For All of Web3:* AggLayer’s goal is to empower developers to create across multiple chains effortlessly.

**?Dive deeper here:** https://polygon.technology/blog/clearing-up-agglayer-misconceptions