Among the interoperable Blockchains, Polygon has observed

maximum participation. A few of them are listed as follows:

QuickSwap is an automated market maker (AMM) product which

was earlier deployed on Ethereum under the name of Uniswap and

used to be one of the most popular DApp. Using this product, the

users can easily swap between the different types of ERS-20 crypto

tokens

and

generate

liquidity.

QuickSwap

uses

its

own

cryptocurrency called QUICK.

PlotX is a non-custodial prediction product, using which, the users

can earn unlimited rewards on the high-yield prediction markets.

Zapper is another product, using which, the users can interact with

more than 50 different decentralized finance protocols through one

interface.

Aave is a money market product, using which, the users can trade

and also earn interest. Aave supports a feature called “flash loans”,

using which, the users can get instant loans without collateral;

however, they have to repay the loan within the same block.

Note: As of now, Polygon is the most sought after interoperable

Blockchain with many advantages. One of the major advantages of

Polygon is its underlying Ethereum layer. The only concern though is

that, with the introduction of Ethereum 2.0 in its full-fledged version,

there can be some impact on Polygon adoption.

9.8 Summary

In this chapter, we covered the following topics:

Polygon’s high adoption among all interoperable blockchain

networks.

ZK-Rollups and Optimistic Rollups, Polygon’s unique L2

technology.

References

Polygon (MATIC): A Blockchain with Indian founders and a

great

potential

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