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NEW: @Featherlend is bringing Brazilian rates entirely onchain, on Polygon. Two BRZ markets, backed by TESOURO and sfrxUSD, are now live on @Morpho Vaults.
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Chain is purple, but the numbers are green September on Polygon ↓
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Polygon is the #2 fastest growing chain over the last day More on @Alchemy's new chain rankings: alchemy.com/rankings
Replying to @nikil
@sandeepnailwal's @0xPolygon strong performance continues with 3rd overall in Apps and Developers
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September Chain Revenue: $2.23 MILLION USD 🟣
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Polygon is heading to @money2020. We’re building the next generation of money movement with stablecoins and onchain payments. Attending? Request a meeting with our team: forms.gle/VH33fgQg6zQu17pf8
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Polygon retweeted
🚨 ANNOUNCEMENT!!!! Dream team making it possible! @Morpho @Featherlend @etherfuse @0xPolygon @transferogroup
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Polygon retweeted
Last month, @0xMarcB, CEO of @0xPolygon, told us on the live show that money only stays onchain if it has a way to earn once it's there: "More and more on-chain applications is a way to do that. But it's also actually giving something to do with your money beyond that. So you need to be able to earn very, very easily. Like to me, that's an absolutely crucial thing." @Featherlend's BRZ markets now let holders of a Brazilian real stablecoin earn Brazilian rates without leaving Polygon. x.lingyaoai.com/0xPolygon/status/21060…
NEW: @Featherlend is bringing Brazilian rates entirely onchain, on Polygon. Two BRZ markets, backed by TESOURO and sfrxUSD, are now live on @Morpho Vaults.
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Polygon retweeted
.@0xPolygon had a strong September on Symbiosis. Metrics show more users and more volume coming to the ecosystem: · Volume +39% · Transactions +43% · Unique addresses +22% Swap & Bridge to Polygon -> app.symbiosis.finance
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1/ Frax is helping bring Brazil’s rate onchain. @Featherlend launched @transferogroup BRZ @Morpho markets on @0xPolygon, with FX infra from @DFB_DeFi. sfrxUSD and @etherfuse TESOURO can be used to borrow BRZ. For the first time, the Real gets an onchain funding rate.
Feather has launched 🇧🇷 BRZ and 🇺🇸 frxUSD Morpho vaults on Polygon. - Borrow BRZ using sfrxUSD and 🇧🇷 TESOURO - Borrow frxUSD using 🇬🇧 tGBP, BRZ, sPOL, sfrxUSD Powered by @Morpho @0xPolygon @fraxfinance @transferogroup @etherfuse @tokenGBP Reducing FX conversion costs and operational overhead.
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🚀 @0xPolygon OMS makes money movement invisible. Uquid makes that money useful. One checkout. One signature. No manual swaps or bridges. From digital goods to physical products, tickets & everyday utilities, Uquid puts 178M+ ways to spend onchain assets behind the payment rail. This is what onchain commerce should feel like. Start now at uquid.com
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Polygon retweeted
Tremendous effort and kudos to all the teams involved Our collective persistence has paid off with the launch of the first-of-its-kind vault and use case for BRZ on @0xPolygon I'll dig into how to make use of the TESOURO strategy 🧵 below
NEW: @Featherlend is bringing Brazilian rates entirely onchain, on Polygon. Two BRZ markets, backed by TESOURO and sfrxUSD, are now live on @Morpho Vaults.
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Polygon retweeted
The Brazilian real is getting onchain credit infrastructure. Watch how $BRZ, @Morpho, @0xPolygonFdn, @DFB_DeFi, TESOURO (@etherfuse) and sfrxUSD (@fraxfinance) fit together ↓ transfero.com/blog/brz-morph…
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Polygon retweeted
Feather has launched 🇧🇷 BRZ and 🇺🇸 frxUSD Morpho vaults on Polygon. - Borrow BRZ using sfrxUSD and 🇧🇷 TESOURO - Borrow frxUSD using 🇬🇧 tGBP, BRZ, sPOL, sfrxUSD Powered by @Morpho @0xPolygon @fraxfinance @transferogroup @etherfuse @tokenGBP Reducing FX conversion costs and operational overhead.
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NEW: @Featherlend is bringing Brazilian rates entirely onchain, on Polygon. Two BRZ markets, backed by TESOURO and sfrxUSD, are now live on @Morpho Vaults.
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Behind the vaults: → BRZ: a Brazilian real stablecoin from @transferogroup → TESOURO: tokenized Brazilian government bonds from @Etherfuse → sfrxUSD: the yield bearing form of @fraxfinance’s frxUSD → Liquidity: infrastructure layer connecting real economic demand to onchain liquidity via @DFB_DeFi Together, they create a clean onchain bridge between Brazilian policy rates and global capital.
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If you were looking for a poorly drawn reenactment of an OMS payment today, you're in luck!
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Chain revenue looking good here
💰 @0xPolygon just crossed $550K in weekly revenue $556,687 generated over the past 7 days 👀 Polygon is putting up some serious numbers 💸 📊 chainspect.app/chain/polygon…
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Increased network fees are turning into increased staking yields. 7.7% APY* is now live for $POL stakers through Dec 1. staking.polygon.technology/
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*7.7% is the estimated annualized gross network reward rate. Individual rewards vary. Under PIP-92, 27.3M POL in accumulated fees fund the Oct. 1 to Dec. 1 window. Subject to terms.
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