In the rapidly evolving world of cryptocurrency, it’s crucial to stay ahead of the curve. One of the latest developments that has caught the attention of crypto enthusiasts is the Polygon zkEVM, a decentralized Ethereum Layer 2 scalability solution.
This article will guide you through the intricacies of this new platform and how to position yourself for a potential airdrop.
Polygon zkEVM is a cutting-edge solution that leverages cryptographic zero-knowledge proofs to facilitate off-chain transaction computation, a concept known as ZK-Rollup. This technology ensures both the validity and speedy finality of transactions, making it a promising addition to the crypto landscape.
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Show more +According to data from DeFi analytics platform, DeFiLlama, Polygon zkEVM currently has a total value locked (TVL) of $23.99 million. While this may seem insignificant compared to other Layer 2 solutions, it’s important to remember that Polygon zkEVM has only recently made its debut. We are still in the early stages of this technology’s development and adoption.
Many people assume that Polygon Labs, the creator of Polygon zkEVM, already has a token and that Polygon zkEVM won’t have one. However, the founder of Polygon Labs has hinted that a token for Polygon zkEVM may be in the pipeline. This potential development, coupled with the recent $450 million investment raised by Polygon Labs, makes Polygon zkEVM a platform to watch.
To position yourself for a potential airdrop, you’ll need to interact with the Polygon zkEVM platform. Start by visiting their official bridge and connecting your wallet. You’ll be prompted to add the zkEVM Mainnet to your wallet.
Once you’ve transferred some funds from the Ethereum chain to Polygon zkEVM, you can start interacting with other Dapps based on the Polygon zkEVM network. For instance, you can visit QuickSwap to swap some ETH for USDT, and vice versa, to create more transactions.
Another Dapp to interact with is 0vix Protocol, a money market protocol similar to Aave on the Ethereum chain. The token for 0vix Protocol is confirmed but not yet launched, and will be provided to liquidity providers upon its launch. To interact with 0vix Protocol, visit their website, connect your wallet, and supply the desired amount of ETH.
Engaging with Polygon zkEVM and 0vix Protocol could potentially position you well for an upcoming airdrop, should there be one. If you wish to withdraw the supplied ETH, you can select the “Withdraw Button” from the dropdown menu.
That’s a wrap on our guide to Polygon zkEVM. Remember to stay informed and connected so you don’t miss out on this exciting opportunity. Stay tuned for more updates in the world of crypto!
