Polygon Miden Launches $35M Grant Initiative to Propel Innovation
Polygon Miden, a pioneering project within the Polygon ecosystem, has announced a $35 million grant initiative aimed at fostering innovation and enhancing the decentralized finance (DeFi) landscape. This initiative is designed to support the development of scalable and efficient blockchain solutions leveraging Polygon Miden’s advanced technologies.
Innovative DeFi Trading with Spark
Composability Labs is at the forefront of this initiative with its development of Spark, an on-chain central limit order book (CLOB) that promises to revolutionize DeFi trading on Polygon Miden. Spark utilizes state minimization and zero-knowledge (ZK) proofs to enhance trading efficiency, minimize state storage, and provide greater transparency and security compared to traditional off-chain solutions.
Key benefits of Spark include:
• On-Chain Execution : Ensures greater transparency and security.
• Advanced Order Types : Supports a wide range of order types and provides a clear view of market depth and liquidity.
• Enhanced Trading Efficiency : Reduces implementation issues in DeFi, improving the overall trading experience.
Polygon Miden, a pioneering project within the Polygon ecosystem, has announced a $35 million grant initiative aimed at fostering innovation and enhancing the decentralized finance (DeFi) landscape. This initiative is designed to support the development of scalable and efficient blockchain solutions leveraging Polygon Miden’s advanced technologies.
Innovative DeFi Trading with Spark
Composability Labs is at the forefront of this initiative with its development of Spark, an on-chain central limit order book (CLOB) that promises to revolutionize DeFi trading on Polygon Miden. Spark utilizes state minimization and zero-knowledge (ZK) proofs to enhance trading efficiency, minimize state storage, and provide greater transparency and security compared to traditional off-chain solutions.
Key benefits of Spark include:
• On-Chain Execution : Ensures greater transparency and security.
• Advanced Order Types : Supports a wide range of order types and provides a clear view of market depth and liquidity.
• Enhanced Trading Efficiency : Reduces implementation issues in DeFi, improving the overall trading experience.
| 44,000 mlx | |
| 48 | |
| 2 |
0 comments