Today we’re excited to announce we’re launching on Polygon to support the growing community of DAOs and projects on the chain.
Polygon is a leader in exploring how to scale blockchains and developing technology that makes web3 accessible for all. It has an amazing and storied community of projects and supporters. The benefits of increased speed, efficiency, and lower cost make it an attractive option for web3 teams.
And Utopia is excited to support amazing DAOs and crypto-enabled organizations no matter where they live!
Polygon is an L2 scaling solution that helps Ethereum smart contracts with speed and scalability.
Polygon uses a modified proof-of-stake consensus mechanism that enables consensus to be achieved with every block.
But Polygon is working on an array of different scaling solutions! two of many being:
Polygon Edge/Subnets:
Polygon Hermez
Polygon also has a deep commitment to sustainability with plans to go carbon-negative this year, and climate positive beyond that.
Polygon is home to many amazing DAOs and crypto projects; One of the amazing communities that inspired us to launch on Polygon was PoolTogether.
PoolTogether is a crypto-powered savings protocol based on Premium Bonds. Users can save money and have a chance to win every week.
Using multichain on Utopia is the same experience as eth-mainnet with no lessened functionality!!! Any Polygon DAO with a Gnosis Safe can use our full suite of features!
Looking to join Pooltogether in freeing your team from operational overhead? Book a demo below
You can access Utopia on Polygon here:
Learn more about Utopia at utopialabs.com
Sources and additional reading: