Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 18,000+ applications hosted, 1B+ total transactions processed, ~100M+ unique user addresses, and $5B+ in assets secured.
🔗 Website
🎧 Discord
Cross-chain interoperability protocols are a critical piece of infrastructure for exchanging data and tokens between different blockchains. As part of its 2.0 Architecture, Polygon has implemented the Polygon LX-LY bridge to facilitate asset and message transfers between any one of its zk-powered chains.
The current EVM landscape has seen the rise of various L2s, and many DAOs are having to deal with the challenges of cross-chain governance. A lot of 3rd party cross-chain solutions have already published their specific takes on cross-chain governance but the benefit of using native bridges, such as the LxLy bridge, is that you benefit from “trust minimization” rather than making trust assumptions.
Implement an OpenZeppelin Governor that allows token holders to vote on Polygon zkEVM with proposals that are still on Ethereum or Polygon PoS. Create a snapshot strategy that accounts for token balance on Ethereum, Polygon PoS, & Polygon zkEVM that guards against double-spend and other vulnerabilities.
The Polygon LX-LY bridge is a smart contract that allows users to transfer assets between two layers, LX and LY. The bridge is a decentralized way to securely deposit and withdraw assets. The L1 and L2 contracts in zkEVM are identical, except for where each is deployed. The L1 contract is on the Ethereum Mainnet.
You can find LxLy code samples here.