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Polygon Teams With DeFi.org for Developer Accelerator Program

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Written By: Michael Abadha
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    Summary:
  • Polygon has partnered with DeFi.org to run an accelerator program for developers . We tell you about this and Orb’s role in it.

Polygon and DeFi.org have announced the establishment of an accelerator program for blockchain developers. Participation in the DeFi.org accelerator round will result in a variety of benefits. The benefits include funding, mentorship, and market exposure for the participants. DeFi.org accelerator program aims to support the research, development, and community participation of open-source software and the Orbs project. DeFi.org will put money into promising projects and promote them on the DeFi.org website and other places. In this phase, the DeFi.org team has the opportunity to work on projects that incorporate cutting-edge technology and infrastructure.

Leveraging Polygon’s capabilities and Orb’s infrastructure

During this iteration of the DeFi.org accelerator program, new projects will leverage the L2 capabilities of Polygon and the L3 infrastructure of Orbs. Also, participants in the DeFi.org accelerator round are must use Polygon in their projects. Additionally, special priority will be given to those who take advantage of Orbs’ L3 infrastructure. In the next wave of decentralized finance innovation, the cutting edge will be apps for DeFi that leverage Ethereum’s security, Polygon’s scaling, and Orbs’ layer 3 capabilities.

An extensive technology stack is available to the Polygon network. For Ethereum to grow, Polygon provides the scalability it requires, while Orbs introduces new ways to strengthen smart contracts. While this is true for EVM-based E1s and E2s, Orbs provide a specialized enhancement layer for the third tier.

Furthermore, Orbs enhances the capabilities of any EVM smart contract and opens up new possibilities for novel concepts. Upon the launch, promising projects will receive a liquidity injection and feature on the DeFi.org website and other sites. You can apply to the DeFi.org accelerator program by submitting an online application form or by emailing accelerator@defi.org.

This post was last modified on May 18, 2022, 16:00 BST 16:00

Written By: Michael Abadha

Michael is a self-taught financial markets analyst, who specializes in analysis of equities, forex and crypto markets. He draws his inspiration from the fact that markets provide an interface through which the world interacts in search of a better tomorrow.

Published by
Written By: Michael Abadha