Cointime

Download App
iOS & Android

y00ts Forms a Link From Solana to Polygon & Eases the User Experience

y00ts, a popular non-fungible token (NFT), has announced a link from Solana to Polygon to provide enhanced liquidity and interoperability for buying and selling NFTs. This move will improve the overall user experience and connectivity with y00ts NFTs. Polygon is a Layer 2 solution that operates on top of Ethereum. This shift to Polygon proves the significance of compatibility in the ever-shifting NFT arena. Users holding y00ts will benefit directly from the linking, with gas fees taken care of for the first 24 hours and no staking charges. The team at y00ts will carry out an airdrop of a sole BTC deGod to one Y00t that links to the Polygon network within the first 24 hours. The NFTs of y00ts are customizable, providing high interactivity in the Web3 arena. The shift to Polygon highlights the importance of linking various blockchain networks and staying in touch with the ever-changing NFT market.

(By David Cox)

Comments

All Comments

Recommended for you

  • Cointime April 23th News Express

    1. EigenLayer: Deposit limits for all LST tokens will be removed on April 16
  • Solana Foundation Strategy Director: On-chain congestion stems from a known bottleneck in the QUIC protocol implementation

    Austin Federa, the strategic director of the Solana Foundation, outlined the recent congestion issues on the Solana chain on the X platform. He stated that these issues stem from the implementation of the QUIC protocol and can be attributed to a known bottleneck issue. The solution is already on the roadmap. The main reason may be that the demand for Solana has increased at such a fast pace that within a few days, the problem went from "sufficient but needs improvement" to "insufficient." Austin Federa summarized that this issue is simply technical debt, a network stack that will almost certainly need to be completely rewritten later this year, while balancing important maintenance/improvement work.
  • Solana Uncovered: An Introduction to the Solana Network

    A data-driven overview of the Solana Blockchain
  • The Future of Culture is Tokenized

    How Culture Coins could be the future of Crypto.
  • State of Solana Q1 2024

    Solana (SOL) is an integrated, open-source blockchain with the goal of synchronizing global information at the speed of light. Solana optimizes for latency and throughput, sacrificing some verifiability. It seeks to accomplish this through features such as its novel timestamp mechanism called Proof-of-History (PoH), block propagation protocol Turbine, and parallel transaction processing. Since mainnet launch in March 2020, several network upgrades have brought further network performance and resilience, including QUIC, stake-weighted Quality of Service (QoS), and local fee markets.
  • NFT Futures: A New DeFi Primitive for a Cultural Based Asset Class

    NFT Futures apply the same concept of perpetual swaps to NFTs In doing so, it unlocks a more accessible and two-sided trading experience not available before in the NFT spot market. Although it is too early to judge, the potential value propositions offered by NFT futures have the potential to grow in the NFT market.
  • Cointime April 5th News Express

    1.Mystiko.Network Community Sale Completed, Total $11.25 Million in XZK Sold2.Solana Co-founder Responds to the Sharp Increase in Transaction Failure Rates: Patch Coming Soon3.Ethena USDe market value exceeds 2 billion US dollars, setting a new record4.Du Jun, Executive Director and CEO of Xinhuo & Founder of ABCDE: Xinhuo Technology and ABCDE will invest 100 million US dollars to support blockchain companies that promote social development 5.QCP Capital: Bitcoin is expected to return to $70,000 this week, while Ethereum continues to be weak6.bitSmiley Labs officially launches its independent ecosystem plan, bitUniverse, and reveals its OG pass bitDisc-Black Upgraded Priviledges 7.Avalanche Foundation launches ice-breaking plan, focusing on LST track in the first phase and funding 500,000 AVAX 8.SuperRare Expands into Bitcoin Ordinals with Killer Acid's Psychedelic Art Collection 9.A dormant whale address for 8 months deposited 1,100 BTC into Binance10.Meme exchange DerpDEX.com completes multi-million dollar strategic investment, with participation from ABO Digital and others
  • ON–216: NFTs

    Coverage on NodeMonkes, Pudgy Penguins, CryptoPunks, Mad Lads, and NFTs in Safes.
  • Polygon zkEVM down due to issues with blockchain sequencer

    The crypto community has been pondering on social media about the ongoing downtime, while Polygon assures its users that it is actively working to resolve the issue.
  • Starbucks says its NFT rewards program must come to an end

    Starbucks' decision to end its NFT rewards program is in line with similar moves by other major companies in the last year.