Tag: layer-2

May 19 2022

Behind zkLend, a dual solution money market protocol for institutions and retail

May 19 2022 Published at CryptoSlate under tags  defi layer-2 layer2 starknet starkware

zkLend is an L2 money-market protocol built on StarkNet, combining the best of zk-rollups and Ethereum to bring more users to the DeFi market. To differentiate itself from the growing competition on the market, zkLend offers an innovative, dual solution to the problems faced in DeFi—a permissioned and compliance-focused solution for institutional...

Apr 01 2022

Ethereum layer-2 Boba Network integrates The Graph

Apr 01 2022 Published at CryptoSlate under tags  boba network eth ethereum layer-2 layer2

The Graph’s hosted service is about to be integrated into the Ethereum layer-2 scaling solution built on optimistic roll-up technology, according to a press release from Boba Network....

Mar 29 2022

Layer-2 money market ZkLend raises $5 million in seed round

Mar 29 2022 Published at CryptoSlate under tags  eth ethereum investments layer-2 layer2

Ethereum Layer-2 scaling solutions are seeing more and more protocols building on them as the technology becomes increasingly mature. A month ago Yearn Finance launched its first layer-2 powered service on optimistic...

Mar 08 2022

Polygon includes $23 billion sports betting company DraftKings as network validator

Valued at $23 billion, DraftKings, a digital sports entertainment and gaming company, today joins the Polygon ecosystem as a validator and node operator, marking this the first time a major publicly-traded firm has taken an active role in blockchain governance....

Feb 24 2022

Yearn launches its first Ethereum layer-2 service on Arbitrum

Feb 24 2022 Published at CryptoSlate under tags  arbitrum defi ethereum layer-2 yearn

Yearn, the seventh-largest DeFi application on Ethereum by Total Value Locked (TVL), has launched its service on the Arbitrum Ethereum Layer-2 network. Four months ago, Yearn took its first steps outside of the Ethereum base chain when Yearn added support for the Fantom Layer-1 blockchain. By a...

Jan 24 2022

ENS is taking first steps to Ethereum Layer-2 support

Jan 24 2022 Published at CryptoSlate under tags  chainlink domain names ens ethereum layer-2

Ethereum Name Service (ENS) is taking initial steps towards adopting Ethereum Layer-2 support. With Layer-2 support users with .eth domain names, or new users looking to register a .eth domain name, will be able to transact paying less for gas fees and with shorter settlement times. While registering a .eth domain name by itself is quite affordable for most people, Ethereum gas fees...

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