THELOGICALINDIAN - PARSIQ is bringing its Smart Trigger technology to the Polygon ecosystem
PARSIQ is additionally chip beyond Layer 1 blockchains like Bitcoin, Ethereum, and Solana.
PARSIQ Integrates Polygon
Days afterwards actualization its OpenSea integration, PARSIQ has appear addition expansion.
The on-chain abstracts ecology tool now supports Polygon, acceptation users can clue action beyond its ecosystem. PARSIQ CEO Tom Tirman said of the update:
“PARSIQ is captivated to accompany Polygon users our apartment of products, like Smart Triggers and wallet TRACKR, acceptance automations triggered by real-time on-chain action and accouterment added aegis services. With Polygon, we allotment a accepted ambition in bringing blockchain technology to the world, and we’re aflame about the abeyant of this advancing partnership.”
PARSIQ’s flagship alms is “Smart Triggers,” affairs that can be acclimated to aggregate blockchain abstracts and accept it off-chain. They act as a arch amid on-chain and off-chain data. PARSIQ describes the artefact as a “reverse oracle” band-aid as they can be acclimated to activate real-world accomplishments based on blockchain activity. Smart Triggers can already be acclimated beyond Bitcoin, Ethereum, Solana, and Binance Smart Chain.
The amplification to Polygon comes amidst a aeon of aerial action on the network. The Ethereum ascent band-aid saw emblematic advance this year, helped by ascent gas fees on Ethereum itself. Several Ethereum-native DeFi applications launched on the arrangement with acceptable clamminess mining rewards beforehand this year, amid them Curve Finance and Aave. That incentivized crop farmers to drift to the arrangement and helped the amount of its built-in token, MATIC, soar.
Polygon has additionally broadcast in contempo weeks, abacus a new ZK-Rollup solution in a bid to advice Ethereum calibration on Layer 2. Still, with several added Layer 2 solutions currently in the action of ablution on Ethereum, it’s cryptic what the new ambiance will beggarly for Polygon—and whether PARSIQ will end up accretion to the new solutions as they grow.
Disclosure: At the time of writing, the columnist of this affection endemic ETH, CRV, AAVE, MATIC, and several added cryptocurrencies.
