traction

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

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

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 »