In a blog post on Monday, the Polygon team announced that Summit DeFi has now launched on its blockchain. Summit DeFi is a gamified yield multiplying platform. Polygon said its users could multiply their potential yield rewards via addictive game mechanics as a part of the gamified yield-multiplying protocol.
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 more than 4% in the last 24 hours and is currently trading at $1.359.