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Polygon Ecological Project Review: Who Will Be Next?

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As the number of DeFi members on Polygon increases, the value of Polygon becomes a depression in the Layer2 hierarchy.

原文标题：《先知｜Polygon 生态项目大盘点，谁会是下一个爆点？》

Original source: Prophet Lab

Introduction & have spent

Matic 2021 is one of the best in the industry. According to statistics, there are currently more than 350 projects in the Polygon ecosystem, of which games, NFT, and DEFI are the leading ones. This includes nearly 200 + DEFI projects, 150 + games and digital collections, and other categories. There is no lack of undercurrent under the hot ecology. The new wealth code of multiple products on Horseshoe is buzzing in all kinds of communities. But are these products gods or bogeymen, enabling users to make money or wiping out assets? What are the projects that are really worth participating in? What will be the real value after the enthusiastic ecological development or the whole land? Today, Wevin Labs breaks down some of the most popular "innovative" projects on Polygon Ecology, and maybe the next big thing will be one of them.

The body of the

I. Introduction to Polygon (Matic) Ecology:

Since Matic Network changed its name to Polygon in March of this year, ecological progress can be described by leaps and leaps. Previously, the TVL of DEFI as a whole was basically carved up by Ethereum and BSC, and the proportion of other ecosystems was very low. Polygon became the next big DeFi ecosystem after Ethereum. According to DeBank data, the total TVL of DEFI is $72.076 billion, among which the highest TVL of Ethereum is $51.86 billion. In comparison, Polygon's current TVL is $4.48 billion, far surpassing HECO and others to become the unicorn of DEFI.

According to the data of Polygon browser, the number of daily transactions on Polygon is up to 9.177 million, and the number of addresses is up to 20.591 million. Moreover, the rate of increasing addresses is accelerating rapidly. If one user has multiple addresses, a large number of users are flooding into Polygon. And continue to accelerate the ecological process.

With the rapid development of the well-known DEFI protocol, it is necessary for Polygon to integrate and migrate simultaneously (currently Polygon can cross other chain assets via Plasma Bridge and POS Bridge). For example, AVE, Curve, Sushiswap, Wault, Balancer and QuickSwap, etc. Currently, according to DeBank's statistics, there are 19 main applications of Polygon, and AVE and QuickSwap also contribute most of the TVL. More playable, high-yield products are gradually built on the Polygon network, leading to a lot of investors willing to participate in the Polygon ecosystem.

How to do it in Configure on MetaMask; MATIC network & have spent

Here's a detailed tutorial on configuring a Matic network on a Little Fox wallet (MetaMask) :

1. Log in to the MetaMask wallet, click on the network selection button (the blue box below), and add and map the network here. Click "Custom RPC" at the bottom (red box below), where we can add a Matic Network Network information.

2. After clicking "Custom RPC", there will be a page asking us to fill in the Network information we want to add. The specific parameters of Matic Network's Network information are

Network Name: Matic Mainnet&NBSP; (Feel free to name)

New RPC URL: https://rpc-mainnet.matic.network

Chain ID: 137

Symbol: MATIC

Block Explorer URL: https://explorer.matic.network/

To make sure you add the details, click the "Save" button. At this point, your MetaMask wallet is installed on the Matic network.

Polygon (Matic) Ecological Project Sharing & NBSP;

1. Slow and steady, core ecology:

The following projects have been running on Polygon for a long time. They have strong technical background and long-term investment value.

1.1 QuickSwap (son of Polygon) : A permissionless decentralized trading platform

Powered by Polygon's Layer 2 network scalability infrastructure, QuickSwap is the native decentralized trading platform on Polygon and the most active app in the world. You can also think of QuickSwap as Uniswap over ETH. So investing some of the money early in QuickSwap's development to become a liquidity provider might have been a good place to be.

QuickSwap combines the popular features of the leading Dex to provide key missing elements needed for a truly seamless user experience: high-speed token transfers and negligible transaction fees.

QuickSwap is moving away from Ethereum's main chain performance constraints to decentralize transactions. Any user will be able to trade any ERC20 token at a transaction speed of ~ 2 seconds and a near-zero GAS fee, and the transaction is protected by the Ethereum mainchain. No more high fees, no longer trading times. Just high speed, low cost diversification for everyone. The next generation DEX is here.

QuickSwap is a decentralized trading platform native to Polygon and will grow with Polygon. Although QuickSwap is the number one Dex trader on Polygon, in terms of the overall Defi section, QuickSwap's size still doesn't make it into the first echelon. As the boss grows and the little one eats, QuickSwap has great potential for development.

Generation. C:QUICK

Contract Address:

0x6c28aef8977c9b773996d0e8376d2ee379446f2f

1.2 Aavegotchi: Aave Eco-NFT Game

Polygon To power the Aavegotchi Defi +NFT Ecology and to bring it to NBSP; "GHST" & have spent Token moved to Polygon. Aavegotchi is a Defi based crypto collectibles platform that you can summon your own Aavegotchis to collect, race or combine them for the ultimate gamified Defi experience. Currently GHST token holders can also be rewarded for offering liquidity on QuickSwap. . What Aavegotchi is doing is what's called "Defi funnization, NFT financialization," which is an important combination of NFT+ Defi.

Wewin Comments: Polygon&NBSP; To power the Aavegotchi Defi +NFT Ecology and to bring it to NBSP; "GHST" & have spent Tokens migrated to Polygon and are currently one of the more active NFT games in Polygon's ecosystem.

Generation. C:GHST

Contract Address:

0x3F382DbD960E3a9bbCeaE22651E88158d2791550

1.3 EasyFi: Lending Agreement of Layer 2 Network

EasyFi is the Defi Lending Protocol based on Polygon's two-layer network, which aims to solve the inherent challenges of the first generation Defi solutions in terms of transaction speed, cost and other areas, and lay the foundation for small and micro lending. The EasyFi network is compatible with Ethereum and can interoperate with any underlying blockchain for cross-chain asset settlement. Networks use a Proof of Interest consensus mechanism (POS) to ensure their security.

Easyfi started to target Polygon in 2020. Different from many Defi apps, Easyfi's tokens launched CEX last year, and the ecological construction was relatively early. This project is also Polygon's own project. Although the overall performance on Polygon is not very impressive, it has a high guarantee.

Generation. C:EASY

Contract Address:

0x00aba6fe5557de1a1d565658cbddddf7c710a1eb

1.4 Polystarter: the "official" IDO platform created by the original Horseshoe CMO

PolyStarter is a fully decentralized project accelerator on Polygon and the first IDO platform on Polygon. Polystarter uses a tiered program where holders of $POLR tokens are guaranteed seed rounds, pre-sales, and public sales of projects on the Polystarter platform.

PolyStarter's primary goal is to incubate and launch quality, fresh, and innovative projects (initial DEX products) to further enhance Polygon's overall ecological value and investor returns. Polystarter itself has a lot to do with Polygon, after all, the founder of Polystarter is a former CMO of Polygon.

Wewin Comments: Polystarter still has a high status on Polygon, and it is not too much to say that it is a native IDO platform. No one knows whether to go it alone or make an internal ecological development plan (Dog's head). With the continuous development of the ecology on Polygon, the role of Polystarter will become more and more obvious. Its technical strength is strong, can be concerned about the higher.

Generation. C:POLR

1.5 Bondly: A decentralized P2P digital asset trading platform

Different from other trading platform projects, it focuses on meeting the needs of multi-chain trading. In addition, Bondly's products focus on the OTC trading model. Although it eventually hopes to provide services for rich digital asset classes, the current project mainly focuses on the NFT market. The main work focuses on the tokenization service, transaction and NFT application of NFT. "Bondly is the next generation of collectibles infrastructure and fan interaction. Our Web3 platform enables creators to use localized digital assets to interact directly with fans for new experiences," said the project founders.

As the NFT infrastructure on Polygon, Bondly makes up the gap in the NFT section on Polygon. This track has been popular recently and has great potential. Peckshield tweeted just before this post that Bondly Finance, a marketplace for digital collectibles, was hacked. Bondly price drops by more than 50% in 1 hour)

Generation. C:BONDLY

Contract Address:

0xd2dda223b2617cb616c1580db421e4cfae6a8a85

1.6 RNDR Network: Complete the rendering task and get tokens in return

Made up of artists and GPU (graphics processing unit) computing providers, it is able to deliver powerful rendering capabilities "at your fingertips" to users worldwide. On this rendering network, users are rewarded with tokens by contributing spare GPU computing power to rendering tasks. Users can use the earned tokens to process their rendering projects on the network, or they can sell the profits on the exchange. Polygon's infrastructure seamlessly integrates with the Ethereum blockchain, allowing RNDR's development team to further expand the network's infrastructure beyond its current level using the same tools and development framework they continue to use.

Wevin Comment: RNDR can be used as an infrastructure on Polygon, which is similar to Alibaba crowdsourcing in China. It is user-friendly and relatively able to support the value with technology, unlike many Defi applications which rely on asset circulation as a support basis.

Generation. C:BONDLY

Contract Address:

0xd2dda223b2617cb616c1580db421e4cfae6a8a85

Mobius.Finance: The first synthetic asset trading platform on Polygon

Mobius.Finance is the first synthetic asset trading platform on Polygon. While it's a synthetic asset track, Mirror and other projects have some improvements in product design and economy design compared to Synthetix. Mobius is different from other competing products in that it supports the synthesis of assets with multiple collateral from the beginning. Break the traditional synthetic asset project, asset issuance scale limited problem. Mobius will be able to carry assets of a scale that other competing products cannot reach. To solve the problem of debt volatility faced by all synthetic assets (which is an important factor leading to poor trading experience of synthetic assets), an innovative ADB algorithm is proposed, which can effectively reduce debt risk by means of multiple incentives and debt volatility insurance.

Mobius.Finance was first launched on Polygon, and has a very close relationship with Polygon officials. With innovative solutions, Polygon, which is now keeping pace with BSC, ETH backbone and other ecosystems, can gain more potential growth space. It may be the engine for Polygon ecology to surpass other ecosystems. However, there are still some obstacles to the ecological realization of synthetic assets, which is a matter of step by step.

2. A hundred flowers bloom, a list of potential products:

The following projects are built and operated on Polygon, but they are not perfect due to root reasons. Users can choose to participate according to their actual situation

2.1 Polymarket: Forecast market agreement platform

Polymarket is a prediction platform built on Polygon, where anyone can place bets on controversial topics using Stable Currency USDC. Polymarket is built on the Ethereum blockchain and Gnosis's conditional token open framework, and uses the AMM automated market making mechanism to provide liquidity for each specific prediction market.

Polymarket highlight is based on stablecoin USDC, and adopts AMM mechanism. Liquidity providers can use the USDC to provide liquidity to a particular forecast market to earn transaction fees, thereby helping the market to produce more accurate information. Of course, liquidity providers can withdraw liquidity at any time. This mechanism is very important. As a highlight of the Polymarket, AMM mechanism can motivate market makers to provide liquidity for a specific forecast market. Liquidity is very important for user growth.

2.2 Decentral Games: A virtual reality game platform based on Decentraland

Decentral Games, the virtual reality gaming platform based on Decentraland, has chosen to extend its game with Polygon in 2019 and offer real-time transactions during play. With strong revenue, user growth, and well-known brand partnerships, Decentral Games ($DG), a well-positioned next-generation blockchain entertainment platform, has ambitious plans. By bringing some of the world's most popular mobile games -- including blackjack, roulette, poker, slot machines, and more -- into the virtual reality world, it's disrupting the $230 billion arcade industry.

2.3 Anrkey X: Defi +NFT game platform

Anrkey X is a platform designed to merge Defi, eSports and NFT. Anrkey is a gamification platform that aspires to be the arcade game of the 21st century. The platform hosts several games, all of which are powered by local tokens in the ecosystem. The project's native tokens can be used not only to pay for the game, but also to do actual Defi related operations. As Joel Kovshoff, the platform's chief marketing officer, puts it, Anrkey is a community-driven gaming protocol that benefits all of its users.

Generation. C:ANRX

Contract Address:

0xcae72a7a0fd9046cf6b165ca54c9e3a3872109e0

2.4 Somnium Space: Open Meta-Universe Ecology

Somnium Space is an open, social, blockchain-powered virtual reality world where users can buy land, build or import objects and easily monetize their experience. Somnium Space was originally built using Loom Network and has since migrated to Polygon to support its complex game economy, including avatars, NFT collectibles, and more. A universe shaped entirely by players!

From the official introduction, it's easy to see that Somnium Space's game mode is not that different from that of Denentraland and Sandbox. But compared to the latter two, Somnium Space seems to be moving faster with VR. At the same time, his association with Matic and other public chains and his experienced experience in VR may also bring him a breakthrough point from different perspectives in NFT.

Tokens:CUBE

Contract Address:

0xdf801468a808a32656d2ed2d2d80b72a129739f4

2.Marble.Cards: An innovative card game

Marblecards is a game where you collect your favorite websites and make them into cards. Each website can only make one card, and then you can compete with other players to make cards. Players can carve any web page into a collectible card represented by the NFT. Each card is unique and can be publicly auctioned, and the URL can only be carved once and owned by one person. Marblecards is online at Polygon.

2.6 & have spent Plot X Decentralized Forecast Market Agreement

Users can use Plot tokens on the PlotX platform to anticipate future trends in digital assets. PloTX is launching both Optimistic and ZK Rollups, which are supported by Polygon's Layer 2 aggregator technology. In addition, PloTX is currently adding Polygon support to its prediction market.

Generation. C:PLOT

Contract Address:

0x72f020f8f3e8fd9382705723cd26380f8d0c66bb

2.7 Bitberry Finance: Decentralized DAO

Bitberry Finance, a decentralized, autonomous organization called DAO, plans to address this shortcoming by creating a secure, simple, and profitable Defi platform that combines the benefits of the CEFI platform.

Tokens:BBR

Contract Address:

0x7671904eed7f10808b664fc30bb8693fd7237abf

2.8 DFYN: Decentralized governance trading platform

DFYN, a community-governed AMM trading platform, is online on the Polygon Network. By providing liquidity to the platform, DFYN users can seamlessly trade assets and mine with liquidity. The project aims to create a network of decentralized exchanges across the chain that will tap into multiple cross-chain liquidity resources, including the cross-chain liquidity ecosystem established by the Router Protocol. The DFYN platform was originally built on Ethereum and Polygon and was primarily used as an access channel for multiple Layer 1 and Layer 2 blockchains. While the DEFI ecosystem grows, multiple lending, pledging, and other financial services applications can be built on the DFYN network using Router's cross-chain capabilities.

Wewin comment: DFYN currently has about 3000 wallet addresses, the locked warehouse volume has reached $225,033,956, the price is stable, and the rules are in order

Generation. C:DFYN

Contract Address:

0x9695e0114e12c0d3a3636fab5a18e6b737529023

2.9 & have spent Revv Motorsport: NFT Racing Game & NBSP;

Revv aims to achieve "true digital ownership of game assets," giving players free rein and control over in-game assets. With Revv, players can earn Revv by playing the game, purchase exclusive F1 cars, tracks, car parts, drivers, driver equipment and more from Opensea, currently the largest NFT market, and participate in F1® Delta Time Trials and Grand Prix events. Pay the entry fee and get a REVV award according to your place in the competition.

You can also get Revv passive income by simply pledging Revv or by using Defi (decentralized finance) features such as NFT mining for cars purchased with Revv instead of playing the game. Revv Racing NFT is now available to cast on Polygon.

Tokens:REVV

Contract Address:

0x557b933a7c2c45672b610f8954a3deb39a51a8ca

2.10 PlaySnook: NFT multiplayer competitive game

PlaySnook is currently the first skill-based multiplayer competitive game to earn NFT rewards. PlaySnook is now deployed on the Polygon network and testing is on.

2.11 Polypulsar: NFT PVP game & NBSP;

PulsArena is a PvP game where players can purchase exotic pets and fight on the field to win rewards. Each match win rewards the player with BNT tokens and points for their victory.

The player with the highest score will be shown at the top of the leaderboard and will be rewarded with additional BNT tokens each day. The PulsArena has been moved to Polygon and can now participate in fluid mining.

2.12 MegaCryptopolis: 3D Sims-style strategy game

MegaCryptopolis is a blockchain "Sims" -style game based on the Ethereum and Tron ecosystems and integrated with Matic (Polygon). It is essentially a strategy game based on an economic model, with fluid mining for incentives.

conclusion

Judging from the development momentum of Polygon, the ecology as a whole is also moving towards the first echelon of DEFI. As the number of DeFi members on Polygon increases, the value of Polygon becomes a depression in the Layer2 hierarchy. One of the key reasons Polygon's ecosystem has grown so quickly is its support for developers: the team has launched over $100 million in funding to support the development and adoption of the Defi protocol. As Ethereum's native Layer2, Polygon's good EVM compatibility allows DeFi projects built on Ethereum's one layer to migrate to the network with a few tweaks, while Polygon can deliver much higher performance than one layer and negligible on-chain operating costs.