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Polygon (MATIC) Now Supported by Alchemy Development Platform. Why Is It Crucial?

Wed, 7/07/2021 - 14:31
The Alchemy platform for Ethereum-oriented developers has integrated Polygon to advance developer experience for customers
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Polygon (MATIC) Now Supported by Alchemy Development Platform. Why Is It Crucial?
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Ethereum developers that use the Alchemy platform can now create their products on rapidly growing scalability solution Polygon (MATIC).

Alchemy integrates Polygon 

According to a  press release shared with U.Today, Alchemy, a mainstream blockchain development platform for Ethereum (ETH) ecosystem, now supports Polygon.

As of early Q3 2021, Alchemy is utilized by the developers who work on 70 percent of Ethereum-based decentralized applications including games, governance protocols, etc.

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With the new integration, Polygon's high-speed, low-cost, and extremely scalable ecosystem is accessible for all developers via the Alchemy dashboard.

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Adding Polygon to Alchemy’s toolkit upgrades the accessibility of top-league DeFi protocols like Aave (AAVE), SushiSwap (SUSHI), and Curve Finance (CRV).

"Ethereum (ETH) devs are Polygon (MATIC) devs"

Alchemy-based dApps have processed $22 bln in transactions so far. The platform is utilized by the developers of 99 percent of countries over the globe. 

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This integration became possible due to holistic compatibility between Polygon (MATIC) and Ethereum (ETH). The Polygon development kit is therefore 100 percent compatible with the Ethereum Virtual Machine.

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As reported by U.Today, Polygon (MATIC) integrated DeFi heavyweight Balancer Protocol (BAL) on July 1, 2021.

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