The Entangle V1 Testnet Goes Live On Polygon PoS

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The Polygon team announced via Twitter on Wednesday that the Entangle v1 testnet has gone live on the Polygon Proof of Stake network.

The Polygon team announced via Twitter on Wednesday that the Entangle v1 testnet has gone live on the Polygon Proof of Stake network. With this testnet, Polygon DeFi blue chips Quickswap and Stargate Finance will be integrated. With Entangle, users can provide liquidity via Entangle Synthetic Vaults and borrow against liquidity positions, Polygon added.

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 up 12% in the last 24 hours and is currently trading at $1.2304.

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.