Hassan Maishera
DeFi.org, a community-led defi accelerator, announced via Medium on Wednesday that it has partnered with Polygon and Orbs to launch a new accelerator fund. Orbs is a Layer 3 blockchain infrastructure project. This latest DeFi.org accelerator will focus on building defi applications that utilize Polygon’s L2 capabilities and Orbs’ L3 infrastructure, the team added. The participating developers will get a variety of benefits, including mentorship, funding opportunities, and market exposure.
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 9% in the last 24 hours and is currently trading at $0.638.
