Polygon zkEVM completes Dragonfruit update, but concerns persist
Journalist
Posted:
- zkEVM’s every day energetic addresses have declined.
- Uniswap submitted a proposal in search of a pleasant hardfork on Polygon zkEVM.
As reported earlier, Polygon [MATIC] zkEVM was anticipating a brand new community improve that might add a number of new options. The most recent tweet from Polygon revealed that the rollup efficiently accomplished its Dragonfruit improve.
Learn Polygon’s [MATIC] Worth Prediction 2023-24
With the replace, zkEVM has change into the one rollup that helps Ethereum’s PUSH0.
Dragonfruit replace is profitable
Polygon introduced that it might push out the Dragonfruit improve on 20 September, which has now been efficiently launched.
With the replace, Polygon zkEVM Mainnet Beta grew to become updated with the newest model of Solidity, sustaining the rollup’s equivalence with the EVM by incorporating help for the newest EVM opcode PUSH0.
Dragonfruit Improve: profitable
Polygon zkEVM Mainnet Beta improve + bridge operations have accomplished efficiently. System resumes full exercise.
Devs, the listing of EVM networks that help PUSH0 opcode:
1) Ethereum
2) Polygon zkEVM Mainnet Beta https://t.co/YEjDhHDD6w— Polygon (@0xPolygon) September 20, 2023
For the uninitiated, PUSH0 is the newest EVM opcode included within the Shanghai exhausting fork. The replace might have resulted in a hike in zkEVM’s community exercise, however that was not the case.
Sadly, the Dragonfruit replace additionally didn’t have a optimistic influence on the rollup as zkEVM’s key metrics remained low. As an illustration, within the current previous, zkEVM’s every day energetic addresses took a downturn. An identical pattern was additionally famous when it comes to its every day transactions.
Supply: Artemis
Because of this, zkEVM’s every day gasoline use additionally declined. Polygonscan’s knowledge revealed that after spiking in late August, the rollup’s every day gasoline utilization has plummeted sharply, suggesting much less exercise on the community.
The rollup’s captured worth was additionally declining, which was evident from the dip in its TVL and charges. Nonetheless, the general ecosystem appeared to have grown over the months as the entire variety of distinctive depositors continued to rise.
Supply: Polygonscan
A brand new hardfork is perhaps across the nook
Amidst this, Uniswap [UNI] submitted a proposal for a pleasant hardfork. For starters, a pleasant fork refers to a state of affairs through which a protocol is duplicated, creating a brand new model that maintains a optimistic and collaborative relationship with the unique mission.
The newly submitted proposal goals to give attention to the mixing of Zero Protocol as a pleasant fork of Uniswap on the Polygon zkEVM chain.
A vote is now reside, proposing a “pleasant fork” between Uniswap DAO and Zero Protocol on Polygon zkEVM.@zero_zkevm will use Uniswap’s backend, whereas providing Uniswap a ten% token allocation and open R&D advantages.
Particulars under.https://t.co/z7hMRkUAP0
— Polygon DeFi | zkEVM Mainnet Beta (@0xPolygonDeFi) September 19, 2023
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As per the official proposal, Uniswap can harness some great benefits of Zero Protocol whereas making certain that each initiatives profit mutually and contribute to the evolving DeFi panorama.
The proposal prompt a structured proposal timeline spanning three weeks to make sure transparency, neighborhood engagement, and considerate decision-making.
