Polynomial Launches New Layer 2 Network Polynomial Chain

The DeFi derivative protocol Polynomial Protocol has launched a new Layer 2 network, Polynomial Chain, with a native liquidity layer. This chain allows new applications to use shared liquidity, thereby solving the problem of guiding liquidity. Polynomial invites developers to establish prediction markets, options markets, and structured products on its chain.

Polynomial Chain will provide an integrated account abstraction aimed at narrowing the gap between DeFi and centralized exchanges by providing an enhanced user experience. Polynomial has also launched a retroactive rewards program to reward users of its Earn Vaults and Polynomial Trade products. Once the chain is live, users can apply for points by depositing.