Empty Set announced last Monday, October 11, through its Twitter account, that the company, together with the Digital Standard Unit, are now available on Polygon.
“The digital standard unit and its Empty Set Share seigniorage token are now LIVE on Polygon! The decentralized financial space experienced meteoric growth in the last 2 years. Central to its growth is the ability to use stablecoins as a place to store value between trades, to gamble to earn rewards, or to provide liquidity. With the addition of DSU, Polygon is adding a trusted minimized stablecoin to its ecosystem”, he said through an article posted on your website.
According to the company, the addition of DSU and ESS on Polygon will allow our community and the DeFi space to have access to a stable asset that they can use in the same way that they would any stable currency. DSU keeps your warranty safe while using DSU at Polygon.
About empty share and digital standard drive
The company explained that DSU is a fully guaranteed asset based on USDC, and the DAO can exchange the stable asset that collateralizes the stable asset. This is critical regarding concerns about the censorship and security of stablecoins. The USDC that is placed in the DAO is then used through market operations to generate returns. That performance is accumulated to the pool, which controls the ESS token.
It is the first well-structured and easy-to-use platform for Ethereum infrastructure development and scaling. Its main component is Polygon SDK, a flexible and modular framework that supports the construction and connection of secure chains such as Plasma, Optimistic Rollups, zkRollups, Validium, etc. and standalone chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with over 350 Dapps, ~ 128M txns, and ~ 1M + unique users.