Minerva Wallet integrating Polygon to onboard the next wave of DeFi users
We come bearing delightful news! That’s right, people, the integration of the Polygon ecosystem in the Minerva Wallet (by lab10 collective) has finally arrived!
As time goes on, Polygon’s presence in the crypto space keeps growing unlimitedly: It strives to become Ethereum’s internet of blockchains by providing a framework for building and connecting Ethereum-compatible blockchain networks.
Last year, it attracted many well known Ethereum projects to scale their ambitions — e.g. Aave, OpenSea, Curve, Decentraland, etc.; but there are also many native projects to Polygon that gained considerable traction and attention, e.g. Quickswap or Injective Protocol. By the way, if you are interested in what else you could find on Polygon, have a look here.
The DApp space is continuously booming on Polygon, while the mobile wallet space, conversely, isn’t as developed as it could be — this is exactly where the Minerva Wallet comes in to make a huge difference and open DeFi to hundreds of millions of new users, changing the game beyond measures.
Polygon has a weighty stronghold in India, the middle class is growing fast and the smartphone penetration already is remarkably good. We therefore believe the integrated Fiat On-Ramp service in the Minerva Wallet combined with the best DeFi applications in the space can provide some very needed financial services that the traditional finance sector may not deliver.
The Minerva Wallet itself is a fully non-custodial wallet, multi-chain and multi-account, that can be connected to any DApp with WalletConnect support. The latest version (which can be downloaded from the Google PlayStore) comes with a very simplified onboarding experience and the option of bridging tokens between networks via various DApps. We simplify here, to “fabulou-fy” there.
Both teams look forward to continuing the integration of various DApps on Polygon and enabling the next wave of new users currently waiting for a simple, uncomplicated and affordable access to DeFi.
“Polygon has been the rising star within the Ethereum ecosystem and they helped a lot to mitigate the scaling issues and high gas prices on mainnet. Therefore I’m extremely excited that now we can offer access to the well established decentralized financial market with the mobile Minerva Wallet for hundreds of millions of users.” — Thomas Zeinzinger, lab10 collective Head of the Board
“Wallets are a key piece of infrastructure in the Web3 Ecosystem, and we’re glad to have Minerva’s user-friendly wallet supporting Polygon and the ecosystem of Dapps building on it.” — Sandeep Nailwal, CoFounder of Polygon
Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 500+ Dapps, ~400M txns, and ~1.7M+ unique users.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.
About lab10 collective
lab10 collective is dedicated to co-create a zero-carbon society, using the most efficient and sustainable blockchain solutions available. The Minerva Wallet is built for all EVM networks using WalletConnect to interoperate with hundreds of applications and is an important puzzle piece of the currently built infrastructure. Beside the wallet and the integration of DeFi markets, the team works intensively on projects in the energy and mobility sector, where highly composable financial and data driven markets are expected. As a foundation, the ARTIS 2.0 blockchain is outlined; a purpose-built decentralized network for real-world use cases. You can find more details on our channels.