Lido Finance Partners With KyberSwap Elastic to Enhance Liquidity on Polygon With Over $120,000 in Liquidity Mining Rewards

Singapore — August 17th – Lido Finance, a giant in the Ethereum staking world, will be enhancing liquidity on Polygon with KyberSwap Elastic. Lido Finance is the largest platform for liquid staking services on Ethereum.

Timeline of Lido-dao, Polygon

Polygon (MATIC) seems to have its vigor back with it potentially breaching $1 in the coming days. Polygon price is seen to generate massive gains at 108% MATIC price shoots close to a critical level that bulls are eyeing to test Set your eye on this critical level to catch the uptrend MATIC price is moving extremely bullish and could squeeze pushing the price above $1 setting the stage for a huge uptrend that could potentially double the coin's price to $2.

Crypto liquidity staking platform Lido on Tuesday announced the first steps and technical details about stETH expansion across the Layer-2 DeFi ecosystem. In the initial launch phase, Ethereum (ETH) staking derivatives are bridged to Layer-2 solutions Arbitrum and Optimism.

Cyber Capital founder Justin Bons described Polygon (MATIC) as “highly insecure & centralized,” claiming only five people are needed to compromise over $2 billion in the ecosystem. The post Crypto investments fund founder says Polygon is ‘highly insecure & centralized' appeared first on CryptoSlate.

While the crypto market remains in its winter, some other sectors in the industry are experiencing a steady rise, one of the prominent examples of these sectors is the operational teams in the Polygon network. As of March this year, its total monthly active teams were around 8,000.

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto's own research on the subject The crypto-winter saw MATIC tank all the way down to $0.324 on 19 June 2022, its lowest in over a year.

With the Ethereum Merge just a few weeks away, happenings around the number one protocol facilitating the staking of ETH – Lido Finance – have become more interesting. Data from Santiment revealed that over the last few months, Lido's native token, LDO, exhibited divergences in some of its on-chain metrics.

Polygon rallied to its highest point in nearly four months on Saturday, as the token climbed to the $1.00 mark to start the weekend. Solana was also trading at a multi-month high, as it rose by over 10% earlier in today's session. As of writing, the global crypto market cap is trading nearly 3% higher.

FrontFanz, the female-led venture founded by Rosey Sin and Stacey Carlaa, has announced its next wave of content creator acquisitions, unveiling over 100 new creators set to join the Web3 platform at launch. Led by Courtney Ann and Tracy Kiss, who each have over 1.

Polygon's [MATIC] recent bull run evoked a break beyond the EMA ribbons to reveal a robust buying revival. As the ribbons finally undertook a bullish flip, the $1-zone has been plateauing the streak of green candles.

The new censorless Polygon Web3 subscription content platform, FrontFanz, has had an ambitious roadmap ahead of them from the start. Ever since they came out from the shadows, FrontFanz's popularity has been steadily growing.