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Matic Network is a sidechain based scaling solution for public blockchains. It is based on an adapted implementation of Plasma framework. Matic provides scalability while ensuring a superior user experience in a secured and decentralized manner.
The Binance Liquid Swap platform is an automated market maker (AMM) pool product and hosts different pools of liquidity that allow its users to exchange crypto assets.
The unveiling of Build for Bharat is one of the ways Binance CEO CZ intends to extend his presence in the new booming DeFi sector.
Cryptocurrency exchange WazirX is making its foray into the DeFi ecosystem with the launch of its Automated Money Maker on the Matic Network.
As part of the further development, the Matic Blockchain Network will introduce staking UI on its testnet by June 15 and proceed for the mainnet launch by June 29.
In his latest tweet, Buterin has forecasted the success for the Layer 2 scalability of the Ethereum platform adding that there’s still some refinement and deployment left. However, Ethereum 2.0 launch has been delayed further owing to code bug.