Polygon's zkEVM Mainnet is launching soon.
Time to explore the most interesting projects on Polygon and find the best plays for the Polygon narrative 👇🧵
Time to explore the most interesting projects on Polygon and find the best plays for the Polygon narrative 👇🧵
2/ What we'll be covering:
• Polygon ecosystem overview
• @aavegotchi
• @QuickswapDEX
• @idexio
• @DecentralGames
• @GainsNetwork_io
• @_DFyn
Let's dive in 🤿
• Polygon ecosystem overview
• @aavegotchi
• @QuickswapDEX
• @idexio
• @DecentralGames
• @GainsNetwork_io
• @_DFyn
Let's dive in 🤿
3/ @0xPolygon is building a full-fledged DeFi ecosystem, and they are doing very well. Since the start of the year:
• Market Cap has almost doubled
• $MATIC price has increased by 70%
• TVL has increased by 30%, now standing at $1.27B
• Market Cap has almost doubled
• $MATIC price has increased by 70%
• TVL has increased by 30%, now standing at $1.27B
4/ They also didn't forget about developing the NFT ecosystem. @y00tsNFT received a $3M grant from Polygon to migrate here.
Collections launched here show good performance too – for example, @rektdogs that were minted a few days ago did 7x from the mint price.
Collections launched here show good performance too – for example, @rektdogs that were minted a few days ago did 7x from the mint price.
5/ The most popular GameFi project on Polygon is @aavegotchi.
It is an open-world Play-To-Earn NFT RPG, which is governed by the players.
It is an open-world Play-To-Earn NFT RPG, which is governed by the players.
6/ Aavegotchi's token $GHST:
• Current price: $1.46 (-50% from ATH).
• Market Cap: $77M, TVL: $11M.
• Listed on Binance, OKX, and Huobi.
• Used as the base ecosystem currency to purchase various on-chain Aavegotchi assets.
• Current price: $1.46 (-50% from ATH).
• Market Cap: $77M, TVL: $11M.
• Listed on Binance, OKX, and Huobi.
• Used as the base ecosystem currency to purchase various on-chain Aavegotchi assets.
7/ The biggest DEX on Polygon is @QuickswapDEX.
It's based on open-source software and prioritizes decentralization, censorship resistance, and security.
It's based on open-source software and prioritizes decentralization, censorship resistance, and security.
8/ QuickSwap's token $QUICK:
• Current price: $105 (-93% from ATH).
• $46M Market Cap, $167M TVL.
• Listed on Binance, Coinbase, and Kucion.
• Used for governance.
• Current price: $105 (-93% from ATH).
• $46M Market Cap, $167M TVL.
• Listed on Binance, Coinbase, and Kucion.
• Used for governance.
9/ @idexio is the perpetual swaps DEX with up to 100x leverage. They have a hybrid system including an order book and AMM.
Despite launching their V4 platform quite recently, they already have a $3.5B total volume.
Despite launching their V4 platform quite recently, they already have a $3.5B total volume.
10/ $IDEX token:
• Current price: $0.06 (-90% from ATH).
• Market Cap: $45M, TVL: $4.5M on Polygon.
• Listed on Coinbase, Gate, MEXC.
• Used for staking to share yield from protocol's fees.
• Current price: $0.06 (-90% from ATH).
• Market Cap: $45M, TVL: $4.5M on Polygon.
• Listed on Coinbase, Gate, MEXC.
• Used for staking to share yield from protocol's fees.
11/ @DecentralGames builds games and social experiences in the Metaverse that reach hundreds of thousands of visitors every month.
Their flagship game is ICE Poker, a Metaverse poker game where users can earn $ICE rewards and digital collectibles for different activities.
Their flagship game is ICE Poker, a Metaverse poker game where users can earn $ICE rewards and digital collectibles for different activities.
12/ Decentral Game's token $DG:
• Current price: $0.038 (-97% from ATH).
• $25M Market Cap, $38M FDV.
• Listed on Gate, MEXC, and Kucoin.
• Used as the utility token for staking & buying wearables.
• Current price: $0.038 (-97% from ATH).
• $25M Market Cap, $38M FDV.
• Listed on Gate, MEXC, and Kucoin.
• Used as the utility token for staking & buying wearables.
13/ @GainsNetwork_io is a platform that allows users to trade with leverage up to 150x on crypto, 1000x on forex, 100x on stocks, and 35x on indices. They have $17M TVL on the Polygon chain.
14/ Gains Network's token $GNS:
• Current price: $8.31 (-33% from ATH).
• $253M Market Cap.
• Listed on Gate, Binance, MEXC.
• Acts as a mechanism of liquidity efficiency.
• Current price: $8.31 (-33% from ATH).
• $253M Market Cap.
• Listed on Gate, Binance, MEXC.
• Acts as a mechanism of liquidity efficiency.
15/ @_DFyn is the second Polygon-native DEX by TVL ($19M TVL).
Dfyn Network's token $DFYN:
• Current price: $0.051 (-99.39% from ATH).
• $9M Market Cap.
• Listed on Kucoin.
• Used for governance and revenue sharing (0.05% of each trade goes to $DFYN holders)
Dfyn Network's token $DFYN:
• Current price: $0.051 (-99.39% from ATH).
• $9M Market Cap.
• Listed on Kucoin.
• Used for governance and revenue sharing (0.05% of each trade goes to $DFYN holders)
@_DFyn Tagging some gigabrains:
@CryptoShiro_
@TheDeFISaint
@rektdiomedes
@crypthoem
@defiprincess_
@DefiIgnas
@DAdvisoor
@Chinchillah_
@Slappjakke
@Subli_Defi
@DeFiMinty
@crypto_linn
@0xsurferboy
@thelearningpill
@0xFlips
@DAdvisoor
@NNovaDefi
@0xTindorr
@CryptoShiro_
@TheDeFISaint
@rektdiomedes
@crypthoem
@defiprincess_
@DefiIgnas
@DAdvisoor
@Chinchillah_
@Slappjakke
@Subli_Defi
@DeFiMinty
@crypto_linn
@0xsurferboy
@thelearningpill
@0xFlips
@DAdvisoor
@NNovaDefi
@0xTindorr
@_DFyn @CryptoShiro_ @TheDeFISaint @rektdiomedes @crypthoem @defiprincess_ @DefiIgnas @DAdvisoor @Chinchillah_ @Slappjakke @Subli_Defi @DeFiMinty @crypto_linn @0xsurferboy @thelearningpill @0xFlips @NNovaDefi @0xTindorr I hope you've found this thread helpful.🙏
Follow me @rektfencer for more
Like/Comment/Retweet the first tweet below if you can.
Follow me @rektfencer for more
Like/Comment/Retweet the first tweet below if you can.
https://twitter.com/rektfencer/status/1630661921858002946?s=20
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