The decentralized finance (DeFi) world observed yet another 7 days of greater on-chain and developer activity when token selling prices entered the next 7 days of the bear current market, with several of the tokens bleeding in double digits in excess of the earlier week. MetaMask expanded its institutional presenting by partnering with 4 institutional custodians, when Polygon has pledged to go carbon neutral.
We will also search at how people can bridge diverse tokens to the Polygon network and search into Name DAO, a venture that collateralizes users’ personal info for DeFi loans.
MetaMask expands institutional supplying by integrating new crypto custodians
DeFi wallet and browser extension MetaMask shaped a new strategic partnership with 4 major crypto custodians: Gnosis Secure, Hex Belief, GK8 and Parfin.
MetaMask Institutional, the institutional edition of the preferred Ethereum wallet MetaMask, introduced on Wednesday that the new integration will present decentralized autonomous companies (DAOs) with critical management equipment to participate in DeFi functions.
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How to bridge tokens from other chains to the Polygon Community
Bridging assets could support resolve problems like scalability, pace and high charges. Bridging suggests end users can transfer their tokens between blockchain networks immediately and value-properly.
The Polygon Bridge is utilized for cross-chain transactions in between the Polygon and Ethereum blockchains. It lets consumers to transfer ERC-20 tokens and NFTs to the Polygon sidechain by means of wise contracts. This guidebook will demonstrate you how to bridge Polygon with other blockchains.
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Name DAO: Would you give up privateness for unsecured financial loans in DeFi?
An bold new decentralized autonomous business has designed a data company for lending platforms that documents a user’s financial name to minimize the amount of money of collateral desired for a financial loan. It has partnered with Chainlink and