Penrose Launches On Polygon

Twitter icon  •  Published 1 year ago  •  Hassan Maishera

Polygon announced via Twitter on Monday that DEX aggregator Penrose has launched on the Polygon blockchain.

Polygon announced via Twitter on Monday that DEX aggregator Penrose has launched on the Polygon blockchain. Using Polygon, Penrose will make the DystopiaWars accessible to ordinary investors, the Polygon team added. Dystopia is a decentralized exchange (DEX) on Polygon meant for deep liquidity. Penrose said it is launching in tandem with Dystopia on Polygon to be what Convex is for Curve on Ethereum but with greater accessibility. 

Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. MATIC is down by 5% in the last 24 hours and is currently trading at $0.647.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.