Nested has launched on Polygon to allow its users to enjoy lower gas fees and create strategies on multiple chains.
Polygon is an important and famed network, and Nested is glad to offer the possibility to its users to operate on it. Polygon works toward greater accessibility to web3, just like Nested – a match in heaven.
Introduction of Polygon and how polygon’s integration will be helpful: Polygon is a “Full-stack scaling solution that runs alongside the Ethereum blockchain — allowing for speedy transactions and low fees. MATIC is the network’s native cryptocurrency.
The Nested protocol is now live on the Polygon network, which means that Nested users can benefit from a pioneer chain in the industry.
Any user can create portfolios and investment strategies on Nested for a fraction of the gas cost compared to doing so on other blockchains and will have the ability to create investment strategies on Polygon, on top of the other chains Nested has already integrated.
Nested is fully rolled out on Polygon.
The next version of the Nested protocol will be released later this year (ETA Q3) to allow users to stake (“Social Staking”) the underlying assets of the portfolios before moving on to “Social Farming” the following year.
Nested is a game changing social trading platform aimed at democratizing and socializing DeFi. Multi-chain and built to scale, Nested allows users to build a profile and then create, copy, manage, update, send and share financial portfolios.
Polygon is the leading blockchain development platform, offering scalable, affordable, secure and sustainable blockchains for Web3. Its growing suite of products offers developers easy access to major scaling solutions including L2 (ZK Rollups and Optimistic Rollups), sidechains, hybrid, stand-alone and enterprise chains, and data availability. Polygon’s scaling solutions have seen widespread adoption with 19,000+ decentralized applications hosted, 1.6B+ total transactions processed, 142M+ unique user addresses, and $5B+ in assets secured. Polygon is carbon neutral with the goal of leading the Web3 ecosystem in becoming carbon negative.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your dApp, get started here.
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Nested is a game changing social trading platform aimed at socializing DeFi.
At the crossroads of social media and DeFi trading, Nested is multi-chain, built to scale and allows users to create, copy, manage, update, send and share crypto strategies — the ‘Nested portfolios’.
These financial portfolios are represented as non-fungible tokens (NFTs) reflecting sets of tokens.
Nested makes it possible for crypto newcomers and experienced traders to benefit from each other. The first one may look for performing strategies and portfolios to copy while the second can monetize his/her knowledge by earning royalties everytime followers do indeed replicate their portfolios.
Start creating your own strategies and earn from them here.