Crypto News

Get access to our latest news by signing up for our newsletter.

Polygon community discusses stablecoin proposal rejection and future strategies.
Allez Labs

Polygon Community Rejects $1 Billion Stablecoin Reserve Proposal

On December 18, the Polygon community voted against a proposal to deploy over $1 billion in stablecoin reserves for yield generation due to security concerns. This decision reflects community cauti...

Allez LabsPolygon community discusses $1.3 billion stablecoin reserves proposal

Polygon Community Considers $1.3 Billion Stablecoin Reserve Proposal

The Polygon community is invited to provide feedback on a proposal to deploy $1.3 billion in stablecoin reserves. This strategic plan involves DAI, USDC, and USDT, enhancing security and yield thro...