February 3, 2023

Dopex Launches on Polygon

The Cryptographic Currency space is notorious for its loose definition of “real-world” collaboration.
Pictures of so-called “representatives” shaking hands conveniently outside China Telecom.
Use of AWS purported as “deep collaboration”  with Amazon.
A team photo outside McDonald’s celebrating the “integration” of lunch with stomach enzymes.
The list goes on.
Thankfully, with as much as the space has evolved since 2018, partnerships today are typically much more legitimate. On this end, one protocol has led the charge toward Cryptographic Currency’s mainstream adoption.
With names such as Starbucks, Instagram and Reddit under their belt, this protocol’s business development team is undeniably a cut above the rest.
Is it the world’s best, you may ask?
customCMO Bulma (L) of Dopex Pty Ltd. signs a strategic agreement with High-Ranking Employee Nutoreesh (R) of Polygon Labs
With Polygon Labs' latest collaboration with Dopex, we (unbiasedly) say mayhaps.

What is Polygon

Polygon PoS is an L2 scaling solution that operates as a sidechain for the Ethereum blockchain. Whilst it uses a different scaling approach to our beloved Arbitrum, the end result is much the same; transactions are bundled and sent to the Ethereum mainchain, bundling transactions makes them fast and cheap, users are happy to not pay $200 in gas everytime they want to use the chain.
Beyond Polygon PoS, there is a whole suite of additional scaling solutions that Polygon Labs is working on. This includes exciting little products such as zkEVMs and zk-roll ups which use a completely different approach to L2s on the market today.

What does this have to do with Dopex?

Beyond its long list of mainstream partnerships and scalable blockchain infrastructure, Polygon also has the fourth highest TVL out of all chains. For DeFi protocols such as Dopex, chains with high TVL represent opportunities for us to expand our product line to reach more users.
As such, Dopex will be deploying Atlantic Straddles natively on the Polygon chain. This will allow us to gauge interest before considering launching any additional products.
Atlantic Straddle writers on Polygon will also be receiving additional incentives courtesy of our esteemed new polygonal pals. We are very excited to think about the possible integrations with this robust DeFi landscape and are looking forward to venturing into this new frontier.
Steady on, Polygon enjoyooors.
Dopex Pty Ltd. is coming in full force.

Parting Words

customWow, how incredibly profound. Please do note that whilst we are launching on Polygon we will continue to chug along on our beloved Arbitrum. Expect much more releases in the coming months and let’s keep on pumping those numbers up!
Until next time, my loyal students.
Warm regards,
CEO (Chief Education Officer; not to be confused with CEO)
customQuite so my good fellow, mhmm indeed.
Additional links:
About Polygon Labs:
Polygon Labs** develops Ethereum scaling solutions for Polygon protocols. Polygon Labs engages with other ecosystem developers to help make available scalable, affordable, secure and sustainable blockchain infrastructure for Web3.** Polygon Labs has initially developed a growing suite of protocols for developers to gain easy access to major scaling solutions, including layer 2s (zero-knowledge rollups and optimistic rollups), sidechains, hybrid chains, app-specific chains, enterprise chains, and data availability protocols. Scaling solutions that Polygon Labs initially developed have seen widespread adoption with tens of thousands of decentralized apps, unique addresses exceeding unique addresses exceeding 211 million, over 1.12 million smart contracts created and 2.36 billion total transactions processed since inception. The existing Polygon network is home for some of the biggest Web3 projects, such as Aave, Uniswap, and OpenSea, and well-known enterprises, including Robinhood, Stripe and Adobe. Polygon Labs is carbon neutral with the goal of leading Web3 in becoming carbon negative.
If you're an Ethereum Developer, you're already a Polygon developer! Leverage Polygon’s fast and secure txns for dApps you develop, get started here.
Website** | Twitter | Developer Twitter | **Telegram | LinkedIn **| Reddit | Discord | Instagram | **Facebook

About Dopex

Dopex is a decentralized options protocol that aims to maximize liquidity, minimize losses for option writers and maximize gains for option buyers — all in a passive manner.
Dopex uses option pools to allow anyone to earn a yield passively. Offering value to both option sellers and buyers by ensuring fair and optimized option prices across all strike prices and expiries. This is thanks to our own innovative and state-of-the-art option pricing model that replicates volatility smiles.

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Dopex reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.

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