Polygon's TVL Explodes, MATIC To Run Hotter After 120% Rally
Source: DeFi Pulse Additional data from The Block Research shared via their Twitter handle indicates that Polygon’s PoS has seen more increase in value locked than Binance Smart Chain, xDAI, Avalanche, NEAR, and others. The report attributes Polygon’s rise to an “incentive program effort”. Source: The Block Research Polygon’s team revealed at the beginning of last week a continuation of their “DeFi Summer”. Therefore, users were offered over $5 million in liquidity mining rewards for the Curve Polygon markets. Polygon’s ecosystem appears to be growing with over 100 DeFi projec...
Source: newsbtc.com