The initial proposal from Morpho Labs and Allez Labs sought to capture a 7% yield from stablecoins held in Polygon’s proof-of-stake bridge.
Polygon news
Lido staking requests on Polygon are no longer available but users can still withdraw their staked MATIC through the Lido interface on Polygon up until June 16, 2025.
Aave founder Marc Zeller has proposed new risk parameters on Polygon in response to plans to farm over $1 billion in stablecoin reserves.
According to Morpho Labs co-founder Merlin Egalite, Polygon could collect a 7% yield on its stablecoin holdings at current rates.
According to Morpho Labs co-founder Merlin Egalite, Polygon could collect a 7% yield on its stablecoin holdings at current rates.
According to Morpho Labs co-founder Merlin Egalite, Polygon could collect a 7% yield on its stablecoin holdings at current rates.
The tokenized money market fund will launch on nearly half a dozen new blockchain networks.
AUSD now powers AggLayer on Polygon, optimizing crosschain liquidity and eliminating token bridges.
Polymarket dominates with around $3.3 billion in betting volumes tied to the outcome of the US presidential race.
The US-based prediction market is vying to catch up with industry leader Polymarket.