PARSIQ Adds Support for Polygon
Share this article
PARSIQ is also integrated across Layer 1 blockchains like Bitcoin, Ethereum, and Solana.
PARSIQ Integrates Polygon
Days after unveiling its OpenSea integration, PARSIQ has announced another expansion.
The on-chain data monitoring tool now supports Polygon, meaning users can track activity across its ecosystem. PARSIQ CEO Tom Tirman said of the update:
“PARSIQ is delighted to bring Polygon users our suite of products, like Smart Triggers and wallet TRACKR, allowing automations triggered by real-time on-chain activity and providing enhanced security services. With Polygon, we share a common goal in bringing blockchain technology to the world, and we’re excited about the potential of this ongoing partnership.”
PARSIQ’s flagship offering is “Smart Triggers,” contracts that can be used to collect blockchain data and receive it off-chain. They act as a bridge between on-chain and off-chain data. PARSIQ describes the product as a “reverse oracle” solution as they can be used to trigger real-world actions based on blockchain activity. Smart Triggers can already be used across Bitcoin, Ethereum, Solana, and Binance Smart Chain.
The expansion to Polygon comes amid a period of high activity on the network. The Ethereum scaling solution saw parabolic growth this year, helped by rising gas fees on Ethereum itself. Several Ethereum-native DeFi applications launched on the network with generous liquidity mining rewards earlier this year, among them Curve Finance and Aave. That incentivized yield farmers to migrate to the network and helped the price of its native token, MATIC, soar.
Polygon has also expanded in recent weeks, adding a new ZK-Rollup solution in a bid to help Ethereum scale on Layer 2. Still, with several other Layer 2 solutions currently in the process of launching on Ethereum, it’s unclear what the new environment will mean for Polygon—and whether PARSIQ will end up expanding to the new solutions as they grow.
Disclosure: At the time of writing, the author of this feature owned ETH, CRV, AAVE, MATIC, and several other cryptocurrencies.
Share this article
The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.
You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.
See full terms and conditions.
Polkadot Integrates “Smart Trigger” Platform PARSIQ
PARSIQ has just launched on one of Web3’s preeminent networks. PARSIQ Now on Polkadot The Polkadot Relay Chain has integrated PARSIQ’s “Smart Triggers,” meaning users will be able to receive…
MDEX: Overlooked Decentralized Exchange That Pays You to Trade
Based on statistics from DeBank and dapp.com, one of the top-performing decentralized exchanges by TVL and trading volume this year is MDEX—an AMM-based DEX functioning across the Huobi Eco-chain (HECO), Binance Smart Chain…
OpenSea NFT Activity Can Now Be Tracked With PARSIQ
PARSIQ has integrated the OpenSea ABI into its on-chain data monitoring suite, letting users track NFT activity using Smart Triggers. PARSIQ Integrates OpenSea Getting data on NFT trading activity has…
Polygon Unveils ZK-Rollup Solution Miden to Scale Ethereum
The Polygon team has launched Miden, a new scaling solution based on zero-knowledge proofs. Polygon Adds Layer 2 Solution Polygon has launched a new Layer 2 ZK-Rollup solution called Miden….
