The collapse of the Terra ecosystem, which included most of its apps and protocols, has created a diaspora of developers from which opportunistic blockchain companies are hoping to snap up talent.
Polygon (MATIC), one of the largest blockchains by total value locked (TVL), is actively seeking out Terra developers to add valuable expertise and support to their efforts.
Polygon launched a “relatively uncapped multimillion-dollar fund” designed to entice Terra developers to migrate over to the Ethereum sidechain scaling solution, according to Polygon Studios CEO Ryan Wyatt speaking to TechCrunch at the weekend.
Wyatt added that he wanted the fund to be big enough to ensure that it could accommodate any developers from the failed blockchain ecosystem.
The developer fund will be supported by the $450 million Polygon raised this February from Sequoia and other investors.
Enterprise-grade layer-1 smart contract platform VeChain (VET) has also publicly reached out to Terra developers at...
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