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- Polygon Labs suggests ApeCoin DAO to create ApeChain, a zero-knowledge rollup sidechain.
- ApeChain would use Polygon’s Chain Development Kit (CDK) for easy deployment and modularity.
- Sandeep Nailwal, Polygon’s founder, says ApeChain aims to offer low fees, creating blockspace for ApeCoin projects.
Polygon Labs has proposed that ApeCoin DAO develop a custom zero-knowledge rollup sidechain to enhance the scalability and growth of the ecosystem. Dubbed ApeChain, the zk-Layer 2 would leverage Polygon’s Chain Development Kit (CDK), allowing frictionless deployment with an emphasis on modularity.
According to Polygon‘s founder, Sandeep Nailwal, the dedicated chain with ultra-low fees would create premium blockspace for ApeCoin projects, driving further adoption of the ecosystem.
By offering sequencing rewards and staking yields, Polygon contends that an ApeCoin-specific chain maximizes community benefits while solving scalability limitations. This aligns with ApeCoin’s mission of facilitating community-led initiatives advancing web3 culture.
Integration with Polygon’s architecture would also bring interoperability with solutions like Polygon PoS, Polygon zkEVM, and Polygon Miden. This promises to amplify development and composability within ApeCoin’s ecosystem.
Polygon notes that the CDK has already seen strong adoption of underlying chains like Immutable zkEVM, Palm Network, and Astar zkEVM. The framework is designed for flexibility when scaling Ethereum while remaining decentralized.
Some of the value propositions of the new proposal include improved security using Polygon CDk, low fees, shared liquidity, customizability and interoperability, near-instant withdrawals and fast finality, implementation partner and architecture considerations, and ecosystem development and support.
However, some community members argue that ApeCoin should remain firmly within Ethereum‘s ecosystem based on a previous DAO vote. The question of a dedicated chain thus remains contentious.
Polygon’s proposed ApeChain is likely to face obstacles. However, the array of features proposed true scaling of the ApeCoin ecosystem.
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