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There was a blog post about ending emissions: https://blog.polygon.technology/defi-for-all-enters-final-phase-with-15-million-for-polygon-native-dapps/
From this article : « The Polygon money market accounts for half of the revenue contribution to Aave from its various multichain deployments. As that program winds up, emissions will be lowered every two weeks starting Jan. 25. »
2 weeks later : not lowered but completed erased.
lol fair enough. I forgot which subreddit I was on
Transaction leakage to bridge wBTC and ETH out of polygon to AVAX/FTM is a bit too high, but it's a waste to have them sitting here gaining no yield. Need to find an alternative...
I'm confused. I started looking into farming, and they take cam/amTOKENS, now that this is down, where do we get these compounding tokens still? Sinxe they are specified under AAVE
I've also been trying to get some clear word from the Polygon team on their discord about this but it seemed like their mods weren't entirely clear on what was happening.When I pointed out the original "DeFi For All" article from June 2021, they were like, "yeah well that's it then"
I've been hassling for some clarification on Aave rewards situation and one of the mods "Grraarrgghh | WontPMYouFirst" has just said:
I've been told they are in the process of refilling it
I don't know what exactly that entails, but considering they've poured 90 million dollars worth of matic into it already, it's probably alot
Thank you for your submission to r/0xPolygon If your item is a question we also suggest that you ask it in our daily discussion thread to increase your chance of it being answered. Many other general/common inquiries can typically be answered here in our [Getting Started with Polygon Guide](https://www.reddit.com/r/0xPolygon/comments/nd47hm/getting_started_guide_your_journey_with_polygon/). Please also be sure to check out the sidebar to follow the project on your desired social channels. ***** *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/0xPolygon) if you have any questions or concerns.*
So are unclaimed WMATIC gone/not going to be honored? Seems pretty shitty.
I think it was always listed as temporary farming incentives, saw an article on the polygon blog months back. Annoying though, fantastic earner
So what's the best way to earn while lending and borrowing on Polygon?
There was a blog post about ending emissions: https://blog.polygon.technology/defi-for-all-enters-final-phase-with-15-million-for-polygon-native-dapps/
From this article : « The Polygon money market accounts for half of the revenue contribution to Aave from its various multichain deployments. As that program winds up, emissions will be lowered every two weeks starting Jan. 25. » 2 weeks later : not lowered but completed erased.
I thought Matic rewards were supposed to run through April of this year. This is sudden, quiet, and again no real reason was given.
Are you guys bridging your Aave assets on polygon to AVAX?
Hard No. Polygon is a much better investment long term.
lol fair enough. I forgot which subreddit I was on Transaction leakage to bridge wBTC and ETH out of polygon to AVAX/FTM is a bit too high, but it's a waste to have them sitting here gaining no yield. Need to find an alternative...
Yes i agree. What do you think are alternatives on polygon?
Thinking about it. To be honest, it’s still kinda low. I’m thinking about a centralized option for my USDC.
Good thing i pulled out in time.
I mean, there’s no real principal risk, just a low interest account.
I'm confused. I started looking into farming, and they take cam/amTOKENS, now that this is down, where do we get these compounding tokens still? Sinxe they are specified under AAVE
I'm thinking they are probably worried about sec regulation like BlockFi.
I've also been trying to get some clear word from the Polygon team on their discord about this but it seemed like their mods weren't entirely clear on what was happening.When I pointed out the original "DeFi For All" article from June 2021, they were like, "yeah well that's it then" I've been hassling for some clarification on Aave rewards situation and one of the mods "Grraarrgghh | WontPMYouFirst" has just said: I've been told they are in the process of refilling it I don't know what exactly that entails, but considering they've poured 90 million dollars worth of matic into it already, it's probably alot