Polygon zkEVM is a With normal currency, banks and governments control everything – they’re the central authority. But cryptocurrencies work differently! Instead of one central group calling all the... More Ether (ETH) is used to pay for computation and token swaps on Ethereum. Users "fuel" smart contracts and DApps with ETH. More Layer 2 scalability solution that leverages cryptographic zero-knowledge proofs, also known as ZK-Rollup, to offer off-chain transaction computation with validity and speed. Despite its immense promise, Polygon zkEVM currently has just $23.99 million in total value locked, making it a hidden gem among Layer 2 solutions. But don’t be discouraged by the low figure; this means we’re still in the early stages of this exciting development.
One of the intriguing aspects of Polygon zkEVM is the possibility of a future token, as hinted by its creator, Sandeep Nailwal of Polygon Labs. Moreover, with a recent investment of $450 million, Polygon zkEVM is poised for significant growth. Explore this ecosystem further to learn how to interact with Polygon zkEVM, swap assets, and engage with exciting projects like 0vixProtocol. Position yourself favorably for potential airdrops and exciting opportunities. Stay tuned for future developments!