❤️ Polymarket x Magic Polymarket has been using the Magic embedded wallet since 2020, but a sudden surge in traffic in 2024 made it difficult for the existing structure to handle the load. In particular, as the number of traders increased by more than 80-fold during the US presidential election, bottlenecks began to appear during wallet creation and login stages, while security requirements for high-risk functions such as withdrawals also rose. In other words, they faced a situation where they had to re-establish speed, security, and stability, going beyond mere performance issues. 🟣 Solution Polymarket did not abandon the existing Magic infrastructure; instead, they chose to completely redesign the wallet structure in collaboration with Magic. 🟠 Reduced wallet loading capacity (approx. 4.5x improvement) 🟠 Distributed authentication and a portion of wallet flows to the Edge Network 🟠 Achieved sub-second overall response speeds 🟠 Overall speed improved by more than 2.5x through improved authentication structure 🟣 Key Points In addition to increasing speed, the method of handling high-risk functions has also been changed. Previously, it was a reactive approach responding after a transaction occurred; Now, it has changed to a proactive approach where risks are evaluated before transaction execution, and execution is performed only if conditions are met. Furthermore, since the judgment results are recorded on-chain via the Newton Protocol, the system is verifiable while maintaining privacy. 🟣 Results This structure was verified on the day of the 2024 US Presidential Election. 🟠 Over $3 billion in transactions but 0% downtime 🟠 Maintained stability even as MAU increased 50-fold 🟠 Improved retention and conversion rates through overall UX enhancements Therefore, Polymarket is a prime example of securing both speed and stability simultaneously by redesigning its structure based on the existing Magic infrastructure and integrating Newton to extend control to pre-execution. Just the fact that they chose Polymarket, the undisputed leader in prediction markets, makes you immediately feel their technical prowess, doesn't it? 🔗 Original Case Study #Ambassador
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