As cripplingly high gas fees put scalability in the spotlight and multiple platforms rush to become the preferred home of Ethereum’s decentralized finance (DeFi) ecosystem, layer-two sidechain Polygon may be emerging as a frontrunner after scoring two big wins today.
Both lending protocol Aave and portfolio management and batched transaction platform Zapper have announced that they will be offering implementations on Polygon. Aave will be launching a trimmed-down a fork of its money market with 7 assets available for borrowing and lending at launch, and Zapper will enable Ethereum-to-Polygon transfers in the first step towards enabling cross-chain “zaps,” their term for multi-transaction, single-click deposits and withdrawals.