traction

Aave devs propose freezing Fantom integration, citing lack of traction and potential vulnerability

Uncategorized / By

On Tuesday, Marc Zeller, integration lead at decentralized finance (DeFi) borrowing and lending protocol Aave, proposed to freeze the platform’s V3 Fantom market. Created in 2018, Fantom is a directed acrylic graph smart contract platform providing DeFi services, of which Aave is currently bridged.  Zeller explained the rationale for removing the Fantom bridge: “After the …

Aave devs propose freezing Fantom integration, citing lack of traction and potential vulnerability Read More »

Polygon gains 83% in a month, but data show project has been losing traction

Uncategorized / By

Polygon (MATIC) had a promising July, gaining an impressive 83% in 30 days. The smart contract platform uses layer-2 scaling and aims to become an essential Web3 infrastructure solution. However, investors question whether the recovery is sustainable, considering lackluster deposits and active addresses data. MATIC/USD on FTX. Source: TradingView According to Cointelegraph, Polygon rallied after …

Polygon gains 83% in a month, but data show project has been losing traction Read More »