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Sources: Polymarket plans to launch its own L2 and migrate from Polygon

BlockBeats news, December 22, sources @polymarketbet summarized key information recently disclosed by Polymarket team member Mustafa in the Discord community, with the main points as follows:

1. Polymarket plans to migrate away from Polygon and intends to launch its own Ethereum L2 service POLY. Launching POLY is a “top priority.” (Polymarket operations were affected by Polygon’s outage on December 18.)

2. Polymarket plans to abandon all third-party vendors (GoldSky, Alchemy, etc.). “These guys are all terrible—we will migrate as soon as possible.”

3. This week, Polymarket will launch 5-minute markets.