Things you should know about Polygon Ecosystems at the current time $POL

1. Polygon has made significant strides in becoming a multi-chain blockchain network with its PoS chain proposals transitioning to zkEVM validity and connecting the network with AggLayer.

2. Polygon Labs has integrated SP1, a zkVM built with Plonky3, to create pessimistic proofs for AggLayer. This integration ensures code security by preventing any chain from withdrawing more than its deposited amount, thereby enhancing the overall connectivity of the network, promoting safe and seamless asset transfers across chains.

3. Polygon PoS ended Q2 2024 with a total locked DeFi value of $1 billion. This places Polygon PoS among the top 10 networks by TVL and is expected to accelerate further with the synergies of AggLayer.

4. The Polygon Community Treasury has launched a $1 billion Community Grants Program to support developers and projects within the Polygon network. Over the next decade, the CGP will distribute 100 million POL tokens annually, managed by an independent Community Treasury Council.

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