MATIC, LINK, DOT and VET Announce Big News!

Polygon (MATIC) and Chainlink (LINK) have formed a new partnership with FibSwap. VeChain’s (VET) largest main-net hard-fork is ready for deployment. Polkadot (DOT) has launched the next generation hackathon metaverse championship. Keep reading us for details.

MATIC and LINK establish new partnership with FibSwap

On Monday, November 7, cross-chain decentralized exchange FibSwap announced its integration with Chainlink Automation. The integration between FibSwap and Chainlink took place live on Polygon Blockchain (MATIC). FibSwap says this integration will allow to stake farm pools in a reliable and cost-effective form. He also notes that it will help them automate the distribution system for efficiency. This will provide users with more assurances about the security of their assets. It will also help keep the FibSwap protocol solvent while providing an optimal depositor experience.

FibSwap is a cross-chain decentralized exchange that supports multiple blockchains. It allows users to faithfully exchange tokens of one Blockchain for local tokens of another Blockchain. FibSwap streamlines the whole process so that users can exchange tokens after selecting the network and its associated tokens.

FibSwap says it chose Chainlink Automation because it is run by a pool of time-tested and robust node operators that are currently securing tens of billions of dollars in decentralized finance (DeFi). Chainlink Automation performed flawlessly even in times of high market volatility and network congestion.

VeChain’s largest main-net hard-fork ready to deploy As we reported, after many years of hard work, VeChainThor’s most valuable main-net hard-fork, the PoA2.0 upgrade, is ready for distribution following a successful vote on VIP-220. The developers expect the upgrade to change the game for VeChain. Because this upgrade will allow it to reach block absolute.

According to the announcement, the final stage of ‘Proof of Authority 2.0’ (POA2.0), which is the integration of absoluteness with VIP-220, will be released at block height 13815000 or at 08:10 UTC on 17 November. It encourages developers and projects running Thor nodes to upgrade their node software to version 2.01 before main-net upgrade to avoid any random issues. Version v2.0.1 will activate the last hard fork in main-net. This will implement the Single Bit (FOB) VIP-220 Finality, which allows nodes to control the strictness of blocks.

Polkadot launches next-gen hackathon metaverse championship

Polkadot (DOT) is a mid-network Web3 ecosystem of interconnected para-chains. Now Polkadot enthusiasts invite all GameFi, metaverse and play-to-earn developers to the biggest Polkadot event in December 2022. According to the official statement from altcoin officials, the first Metaverse Championship will start on December 5, 2022 in Budapest.

Unlike the main Web3 hackathons, only selected groups will be allowed to participate. The main event will begin on December 5th. Prior to this, all potential contributors will go through a necessary preparation and learning process to produce the highest quality content. Subsequently, Polkadot-focused cadres will introduce themselves and will qualify for the entry limit of 40.

Veteran Web3 heavyweights Michael Healy, Silur and Mike Vitéz will expertly review projects. As such, a cluster of top industry veterans will analyze the work of all successful contributors.

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