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

Insider @polymarketbet summarizes important information recently announced by Polymarket team member Mustafa in the Discord community, with the following key points:

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

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

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