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Bull Developer Community unites top blockchain experts, driving innovation and empowering developers worldwide! Join us for the latest in DeFi and blockchain!

[Bull Developer @theFlashMonkey]

@marczeller happy

[Marc Zeller @Marczeller]

Some news for the Aave DAO:

Next 7-10 days:

- V3 back to normal on all networks this sunday, zero user fund lost
- V2 back to normal on all networks on Monday, Zero user funds lost
- New GHO liquidity incentives for repeg
- GHO borrow rate to 4.72%
- AAVE "emission" rates -30%

[Uniswap @Uniswap]

Almost 1M LP positions on Uniswap v3 🤯 

That's a lot of people putting their money to use in a permissionless way 👏

Use our mini portfolio on the Uniswap web app to see all your positions in one place 🔥
https://t.co/pyT9wUv02L

[Polygon | POL @0xPolygon]

Polygon CDK: Your Guide to Sovereign L2 Scaling, From A to ZK
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Polygon CDK (Chain Development Kit) makes it easy for developers to design and launch zero-knowledge (ZK) L2s on Ethereum, on demand. In the future, Polygon CDK-deployed chains can be interoperable and unified within a broader web of ZK-powered L2s in the Polygon CDK ecosystem.

So, why is this important for Ethereum scaling?

Right now, it’s easy for anyone to create, lookup, and share information on the web, without worrying about internet capacity. Capacity can be added with more servers whenever new users come online. So for all practical purposes, the internet is infinitely scalable: more demand meets more supply, no problem, in an environment that is unified.

Polygon CDK unlocks this same level of scale, but for Ethereum. With Polygon CDK, any project can launch a new blockchain for any application-specific purpose. Instead of moving information around, like the internet, users can program and transfer value, be it tokens, coins, NFTs, or anything that is considered valuable.

With Polygon CDK, developers can launch more supply whenever there is demand. By building with Polygon CDK, applications can become appchains, and alternative Layer 1s can become bustling L2s with a trustless bridge to Ethereum.
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Here’s a quick rundown of what Polygon CDK is, who it’s for, and why it matters.

What is Polygon CDK?
Polygon CDK is a collection of open source software components for easily launching ZK-powered L2 chains on Ethereum, enabling the unlimited scalability promise of Polygon 2.0.

The core value props of Polygon CDK are:

ZK security: ZK proofs cannot be generated for an invalid state transition, which means secure bridging between Ethereum and Polygon CDK chains with no 7-day withdrawal delay.

Full sovereignty & customizability: Full design control by developers over appchains built with Polygon CDK, including governance and other configurations. Regardless of the use-case or project, devs building with Polygon CDK may use any part of the stack that they want, and none of the parts they don’t.

Future interoperability: A unified LxLy bridge and interop layer will eventually allow all CDK-deployed chains to be interoperable. In practice, this will create a unified ecosystem, with atomic L2-to-L2 transactions that can occur near instantly.

Ethereum liquidity: Leverage ZK tech to tap Ethereum liquidity.
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Polygon CDK, Today
Polygon CDK is open source and available for anyone to build with, right now. The current version of Polygon CDK is optimal for existing EVM-based dApps that need the flexibility of an appchain and don’t require permissioned features.

Today, there are two available configurations with Polygon CDK: rollup mode and validium mode.

Rollup mode: Fast settlement. Transaction data is posted to Ethereum, which means greater security, but slightly higher fees than with a validium. A good choice for appchains that want to provide high-value users with the strongest security guarantees or users who want visibility into what’s occurring on-chain.

‣ Great for public general purpose chains, blue-chip DeFi, etc.

Validium mode: Fast and cheap settlement. Transaction data is stored off-chain, reducing the costs of posting calldata to Ethereum. A good choice for appchains with high-throughput activity.

‣ Customizable DAC: Build-your-own data availability committee (DAC) to store transaction data.
‣ Great for gaming, social apps, etc.

A number of features, such as custom native gas tokens and allowlists, are still in testnet or being audited. Polygon CDK is a tech-stack in progress and its feature set will grow considerably with each release.
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Polygon CDK, February Release
The available configurations for projects building with Polygon CDK will grow in the coming months. The public testnet for the next release will launch in December. This will allow developers to deploy smart contracts and build in a validium environment before needing to deploy anything themselves. Once it’s audited, a production-ready release will follow, in Q1 2024. The features that will be available in this release include:

‣ Support for a chain’s native token, which can be used to pay for gas
‣ Allow-lists for smart contracts and transactions
‣ Step one of the interop layer, a unified LxLy bridge for all Polygon CDK chains that opt in

The next release of Polygon CDK will best suit those projects launching a new chain, those that require permissioned access to transact on-chain, and appchains that require tx fees paid for in their own native token.

This release of Polygon CDK will be supported by several top-tier implementation providers. These IPs can provide projects with a range of white-glove services, from testnets to full production implementations that meet every specification.
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Polygon CDK, Next Year
Polygon 2.0 is a broader vision for the future of Polygon blockspace. It’s an ambitious, long-term plan for creating unlimited, low-cost, L2 blockspace. Polygon 2.0 will unite Polygon protocols, including all Polygon CDK chains, via a unified LxLy bridge and novel interop layer.

These are the 2.0 implementations expected in 2024 and the features they will enable for Polygon CDK chains:

‣ Interoperability Layer: Built atop the unified LxLy bridge, the interop layer unifies liquidity among all Polygon CDK chains and makes it possible to perform near-instant, atomic L2 <> L2 transactions.
‣ Staking hub: Where network participants can secure Polygon protocols by staking the native token for Polygon.
‣ Shared sequencing: Support for third-party decentralized sequencing solutions.

Polygon CDK is the sovereign chain lego that enables the unlimited scalability of Polygon 2.0.
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Who is building with Polygon CDK?
There are many projects already building or committed to building with Polygon CDK, including:

@Immutable ○ @AstarNetwork ○ @CantoPublic ○ @gnosispay ○ @BuildOnPalm ○ @aavegotchi ○ @CapxFi ○ @wirexapp ○ @idexio ○ @nubank ○ @Nexon_Mobile ○ @GameSwift_io ○ @PowerLoomHQ ○ @MantaNetwork

[Aave @aave]

The Genesis Edition is sold out! Thank you to everyone who has minted a GHO Passport.

If you missed out, there's still a chance for you to grab your rAAVE tickets. Follow @letsraave and turn on notifications.

We can't wait to rAAVE with you in İstanbul 🇹🇷

[Bull Developer @theFlashMonkey]

@aave @gnosischain

[Bull Developer @theFlashMonkey]

@aave @gnosischain When will Aave V3 launch the DAI deposit and withdrawal service on Polygon chain ?

[Aave @aave]

Aave V3 is live on @gnosischain. Explore at https://t.co/gzkAogksEq.

[Chainlink @chainlink]

The world's assets are moving onchain.

They all need one thing:

#Chainlink

[Emilio^ @The3D_]

last proposal needed to restore normal operation of the V2 and some V3 markets has been submitted by @bgdlabs, six days from now everything will be back to normal https://t.co/mv07fdV037

[Bull Developer @theFlashMonkey]

@aave We are published some extra information for the Aave community in the governance forum

[Bull Developer @theFlashMonkey]

@aave We have published some extra information for the Aave community in the governance forum. Today we received a report of an issue on a certain feature of the Aave Protocol. After validation by community developers, the guardian has taken the following temporary prevention measure( no funds are at risk). Pause the Aave V2 Ethereum Market Pause certain assets on Aave V2 on Avalanche Freeze certain assets on Aave V3 on Polygon,Arbitrum,Optimism As a reminder, user supplying to/borrowing from frozen assets can still withdraw and repay positions but they can not supply or borrow more until resolved. On paused assets, no action can be done until unpaused.

[Aave @aave]

The Aave V3 markets on Ethereum, Base, and Metis, and the V2 markets on Polygon and Avalanche are unaffected. No funds at risk on any Aave markets.

[Aave @aave]

- Pause the Aave V2 Ethereum Market
- Pause certain assets on Aave V2 on Avalanche
- Freeze certain assets on Aave V3 on Polygon, Arbitrum, Optimism

[Aave @aave]

Today we received a report of an issue on a certain feature of the Aave Protocol. After validation by community developers, the guardian has taken the following temporary prevention measure (no funds are at risk):

[Bull Developer @theFlashMonkey]

@bgdlabs @aave Look forward to this result soon！