Rekt Fencer
Rekt Fencer

@rektfencer

17 Tweets 3 reads Mar 07, 2023
Polygon's zkEVM Mainnet is launching soon.
Time to explore the most interesting projects on Polygon and find the best plays for the Polygon narrative ๐Ÿ‘‡๐Ÿงต
2/ What we'll be covering:
โ€ข Polygon ecosystem overview
โ€ข @aavegotchi
โ€ข @QuickswapDEX
โ€ข @idexio
โ€ข @DecentralGames
โ€ข @GainsNetwork_io
โ€ข @_DFyn
Let's dive in ๐Ÿคฟ
3/ @0xPolygon is building a full-fledged DeFi ecosystem, and they are doing very well. Since the start of the year:
โ€ข Market Cap has almost doubled
โ€ข $MATIC price has increased by 70%
โ€ข TVL has increased by 30%, now standing at $1.27B
4/ They also didn't forget about developing the NFT ecosystem. @y00tsNFT received a $3M grant from Polygon to migrate here.
Collections launched here show good performance too โ€“ for example, @rektdogs that were minted a few days ago did 7x from the mint price.
5/ The most popular GameFi project on Polygon is @aavegotchi.
It is an open-world Play-To-Earn NFT RPG, which is governed by the players.
6/ Aavegotchi's token $GHST:
โ€ข Current price: $1.46 (-50% from ATH).
โ€ข Market Cap: $77M, TVL: $11M.
โ€ข Listed on Binance, OKX, and Huobi.
โ€ข Used as the base ecosystem currency to purchase various on-chain Aavegotchi assets.
7/ The biggest DEX on Polygon is @QuickswapDEX.
It's based on open-source software and prioritizes decentralization, censorship resistance, and security.
8/ QuickSwap's token $QUICK:
โ€ข Current price: $105 (-93% from ATH).
โ€ข $46M Market Cap, $167M TVL.
โ€ข Listed on Binance, Coinbase, and Kucion.
โ€ข Used for governance.
9/ @idexio is the perpetual swaps DEX with up to 100x leverage. They have a hybrid system including an order book and AMM.
Despite launching their V4 platform quite recently, they already have a $3.5B total volume.
10/ $IDEX token:
โ€ข Current price: $0.06 (-90% from ATH).
โ€ข Market Cap: $45M, TVL: $4.5M on Polygon.
โ€ข Listed on Coinbase, Gate, MEXC.
โ€ข Used for staking to share yield from protocol's fees.
11/ @DecentralGames builds games and social experiences in the Metaverse that reach hundreds of thousands of visitors every month.
Their flagship game is ICE Poker, a Metaverse poker game where users can earn $ICE rewards and digital collectibles for different activities.
12/ Decentral Game's token $DG:
โ€ข Current price: $0.038 (-97% from ATH).
โ€ข $25M Market Cap, $38M FDV.
โ€ข Listed on Gate, MEXC, and Kucoin.
โ€ข Used as the utility token for staking & buying wearables.
13/ @GainsNetwork_io is a platform that allows users to trade with leverage up to 150x on crypto, 1000x on forex, 100x on stocks, and 35x on indices. They have $17M TVL on the Polygon chain.
14/ Gains Network's token $GNS:
โ€ข Current price: $8.31 (-33% from ATH).
โ€ข $253M Market Cap.
โ€ข Listed on Gate, Binance, MEXC.
โ€ข Acts as a mechanism of liquidity efficiency.
15/ @_DFyn is the second Polygon-native DEX by TVL ($19M TVL).
Dfyn Network's token $DFYN:
โ€ข Current price: $0.051 (-99.39% from ATH).
โ€ข $9M Market Cap.
โ€ข Listed on Kucoin.
โ€ข Used for governance and revenue sharing (0.05% of each trade goes to $DFYN holders)

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