Polygon CDK: Game-Changing Projects to Watch
The freeware Polygon Chain Development Kit (CDK) enables simple building and implementation of Ethereum Layer 2 networks based on Zero-knowledge (ZK) technology. Supernet idea is continued and existing Layer 1 networks are helped to move to Layer 2.
Easy proof-of-stake transactions, safe interoperability with the LXLY Bridge, and enhanced security with ZK technology are only a few of its features. Customizable, private blockchain development is also a possibility, and a special Data Availability Committee guarantees data integrity.
Competition from ZK Stack, OP Stack, and Arbitrum Orbit focuses on ZK-Rollups, whereas Polygon CDK offers quicker and more private transactions. Initiatives like Canto, Astar, and Manta Network have already implemented the CDK.
Supported by a $90 million development fund from Polygon Village, Polygon intends to establish governance and further decentralize its ecosystem with Polygon 2.0 and the new POL coin.
Below are five different projects using the CDK that are worth watching out for:
Astar
Known across the Japanese Web3 community, Astar now offers cross-chain transactions and reliable liquidity through an interface with Polygon’s new AggLayer.
Astar zkEVM allows Chain Development Kit (CDK) from Polygon to be used to build bespoke zero-knowledge blockchains. By employing Polygon zkEVM for smooth cross-chain transactions and accessing the liquidity of the Polygon ecosystem, this connection gives the appearance that everything is happening on a single chain.
Being the first Layer-2 chain to successfully link with Polygon’s AggLayer, Astar zkEVM is a major step forward for blockchain adoption and cross-chain interoperability between Polygon, Ethereum, and Astar Network. The unified bridge allows the native transfer of Ethereum assets to Astar zkEVM, hence improving ecosystem connectedness.
After a successful testnet, Astar immediately gained notice for its mainnet launch from well-known projects like the Deloitte NFT game and real asset tokenization projects. Big Japanese companies like Hakuhodo Inc. and Japan Airlines are using Astar zkEVM for initiatives like KOKYO NFT, which links local experiences and tourism with foreign visitors.
Scalability is improved and Polygon CDK ecosystem development is sped up by the whole AggLayer integration via off-chain execution and validium, or data availability.
Swell
Next up, the liquid staking protocol Swell , will provide an EigenDA and AltLayer-based Layer-2 rollup restaking solution. Actively Validated Services (AVS) systems are integrated using this innovative approach to disperse validation responsibilities throughout the network, therefore reducing centralization and increasing efficiency and security. The staking tokens swETH and rswETH along with the SWELL governance token running the Layer-2 network will constitute the native gas currency for the restaked rollups.
Thanks to a Polygon Labs grant, Swell intends to use Polygon CDK to include liquid staking tokens into the larger Polygon ecosystem. By use of EigenLayer, this funding will enable projects with improved security and give restakers incentives for network security, hence promoting the growth of the restaking ecosystem. Pre-deposits will shortly start in order to promote ecosystem growth, and the Swell L2 mainnet is predicted to become operational in the second half of 2024.
Building its Layer-2 solution on the Polygon zkEVM stack, Swell manages more over $1 billion in Total Value Locked (TVL) and services 100,000 users . Prominent backers of Swell include Framework, IOSG, and Maven 11, and its creative restaking strategy and integration with the Polygon ecosystem make it a major force in the expanding liquid staking market.
Fuse Network
Fuse Network is making major progress toward becoming an Ethereum-based Zero Knowledge (ZK) Layer-2 network by using Polygon’s Chain Development Kit (CDK) . With the ZK-powered Layer-2 network acting as Fuse’s native platform, access to significant blockchain ecosystems and the usage of FUSE as the gas charge token will become possible. ZK rollups will be sent, Layer 1 and Layer 2 communication will be combined, and ZK Validium will be used during the at least 12-month migration.
By means of the scalability, customisation, anonymity, and Web3 compliance of Polygon CDK, Fuse seeks to successfully extend Web3 payments. Testing the new stack and network as well as making sure stakeholder integration goes smoothly will all be part of the migration process. Instantaneous ZK transfers will improve user experience, this integration with zkEVM will boost the amount of transactions per second on the network, and improved security through a decentralized validator set and improved bridging capabilities.
Proceeding to Polygon CDK, the leading Layer-1 blockchain platform Fuse Network will further expand its capabilities and become the preferred Web3 payment option for companies. More Web3 compatibility and improved privacy would reinforce Fuse’s position as a major force driving corporate blockchain adoption.
Moonveil
Moonveil is building a Web3 environment targeted at gamers that provides multi-game statistics and promotes teamwork using Polygon CDK. The Moonveil Eco Token is included into this effort to facilitate the easy linking of various projects and to provide a variety of gaming experiences.
An ecosystem token airdrop is planned for their upcoming “Rock’it to the Moon” season in order to involve gamers and offer continuous benefits. Moonveil works to improve the ecosystem by means of on-chain identification, ownership, and interoperability, thus increasing player engagement and income prospects inside it.
Ever since its founding in 2022, Moonveil has produced exceptional gaming material and overseen several games, such as AstrArk and Bushwhack. Moonveil Forge is for creative pursuits, Moonveil Props are for self-developed games, and Moonveil Punch is for a small number of carefully chosen third-party games. Enhancing the whole gaming experience, integration of AggLayer and Polygon CDK enhances community involvement, cross-chain liquidity, and flexible design of third-party games.
With a highly skilled staff supported by a wealth of industry knowledge, Moonveil is committed to provide next-generation gamers with a real Web3 gaming experience. With a donation from Polygon Labs, the mainnet launch will be supported and liquid staking and restaking in the larger Polygon ecology encouraged.
Wilder World
Wilder World is building a sizable blockchain ecosystem in which tokenization of everything from land to avatars is underway. By use of the $WILD token, manufacturers, infrastructure providers, and gamers align incentives. Their predicted billions of onchain items and millions of participants need for a scalable, gasless blockchain. Following much investigation, they decided to build Meowchain, a modular blockchain for virtual worlds and GameFi that requires no prior expertise.
Meowchain provides strong ecosystem connectedness, improved privacy, security, and interoperability made possible by Polygon’s Chain Development Kit (CDK) with ease of implementation. A modular data availability network added by Celestia improves decentralization, scalability, and performance. Meowchain provides an easy-to-use interface that allows gasless transactions by application providers covering the cost of the gas.
The next Wilder World racing game “Midnight in Wiami,” will only use Meowchain for staking and onchain prizes. Meowchain is designed to be permissionless, open source, and decentralized with Polygon Labs and Celestia teaming to provide a hyper-scalable and gasless blockchain ecosystem for a range of applications.
In Closing
The Polygon Chain Development Kit (CDK) is improving Ethereum Layer 2 networks and enabling projects like Astar, Swell, Fuse Network, Moonveil, and Wilder World to develop in many fields.
Polygon’s toolkit improves security, facilitates uncomplicated proof-of-stake transactions, and enables unique blockchain applications. It streamlines proof-of-stake transactions and enables safe connections to the LXLY Bridge.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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