IoTeX Integrates with Polygon's Aggregator for Cross-Chain Rewards and Liquidity

IconCryptoNewsTerminal Staff17 Sep, 2024

cryptonews.jpg

IoTeX Integrates with Polygon's Aggregator for Cross-Chain Rewards and Liquidity

IoTeX, the decentralized physical infrastructure (DePIN) platform, is set to integrate its IoTeX 2.0 blockchain with Polygon's Aggregator (AggLayer). This collaboration aims to enhance the capabilities of IoTeX-based projects by leveraging Aggregator's cross-chain communication and liquidity sharing capabilities. Through this integration, IoTeX projects will gain the ability to seamlessly distribute rewards and access a broader range of chain options. Aggregator serves as a bridge between different blockchains, facilitating interoperability and liquidity transfer. IoTeX projects can now tap into Polygon's vast ecosystem, expanding their reach and unlocking new opportunities. The integration with Polygon's Aggregator aligns with IoTeX's mission to empower the Internet of Things (IoT) through blockchain technology. By providing IoTeX projects with access to cross-chain capabilities, IoTeX is setting the stage for a more connected and interoperable IoT landscape.