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Polygon Labs announced that the first version of AggLayer will be released in February.

The goal is to enable developers to connect blockchains to support unified liquidity. AggLayer will provide uniform security between modular and monolithic chains, including those found in the Polygon ecosystem.

This innovative solution will be a critical component of the next network version, Polygon 2.0. Unlike typical interoperability solutions, AlgLayer will aggregate ZK proofs from all connected chains.

“As a central component of Polygon 2.0, AggLayer will use ZK proofs to create a seamless, collective environment that feels like a single chain, even if each chain in the ecosystem remains independent,” said Polygon Labs.

Polygon will primarily run a Layer 2 network based on sidechains and ZK-Rollups, which includes: Polygon zkEVM

In addition, it also offers a software development kit called AggLayer CDK. Many Layer 2 networks, including OKX, Immutable, Astar, Canto, Palm Network, Aavegotchi, and IDEX, have been developed using this CDK toolkit. AggLayer is expected to facilitate the integration of all these chains within Polygon 2.0.

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The post Polygon Labs to Launch AggLayer Project in February! appeared first on Coin Engineer.

On October 30, Binance officially announced Acala, Aavegotchi, and VIDT DAO can be used as borrowable assets for cross margin trading. In addition, cross and isolated margin trading pairs are offered for Golem and Ooki and for Aergo respectively. Trading pairs have also been added for cross and margin trading for Gas (GAS).

Binance will offer the option of cross margin trading in USDT pairing to the present margin traders of GAS, GLM, and OOKI. Furthermore, the opportunity of isolated margin trading in USDT pairing will also be offered to AERGO users. Likewise, the option of cross margin trading in USDT pair will also be offered to the investors of ACA, GHST and VIDT.

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With this update, investors can now use the ACA/USDT, GAS/USDT, GLM/USDT, GHST/USDT, OOKI/USDT, VIDT/USDT trading pairs in cross margin transactions. Also, AERGO/USDT and GAS/USDT trading pairs in isolated margin transactions. Binance aims to offer its users more diversity and trading opportunities by providing these new trading pairs.

Adding these new trading pairs on the Binance exchange aims to increase diversity in the cryptocurrency market. It also offer more options to investors. This could make cryptocurrency trading more accessible.

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The post Binance is Adding 8 New Coin Pairs to Margin appeared first on Coin Engineer.