Polygon is a layer-2 scaling solution that “brings the world to Ethereum” — working in tandem to create a multi-chain system where developers on Ethereum can create applications and smart contracts for lower gas fees and faster speeds. Put simply, it rolls up its sleeves and sorts out a lot of Ethereum’s drawbacks — at least pre-Ethereum 2.0 — while also taking advantage of its thriving ecosystem. As a sidechain, however, it doesn’t inherit Ethereum's security. Since its inception, Polygon has attracted adopters as famous as Disney, Prada, Adidas, and Instagram. Its native token MATIC is used for governance and transaction fees within the Polygon ecosystem, while also deployed as a settlement currency between users.
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MATICUSD77% ($37m) of another popular Solana collection, y00ts, have already migrated.
MATICUSDPolygon is seeing some major inflows as the network prepares for a big change.
MATICUSDAs its credibility continues to be damaged by the FTX fallout, Solana is losing one of its most highly valued NFT collections.
MATICUSDA new decentralized exchange has entered the market in the form of Bebop, but it launches at an uncertain time.
MATICUSDAdd another one to the board folks – QuickSwap has become the latest DeFi platform to suffer an exploit.
MATICUSDReddit has gone full NFT-mode, with the craze finally seeming to have won the community’s upvote.
MATICUSDWho doesn't love a nice, warming NFT on a crisp fall day? Well Starbucks now has you covered.
MATICUSDBrand giants are putting their backing behind Polygon, causing the layer 2 scaling solution’s token to enjoy some tasty gainz.
MATICUSDPolygon jumps on the OpenSea bandwagon as the NFT marketplace begins accepting MATIC for the first time.
MATICUSDSocial media network Reddit is handing out swag bags to its loyal users in the form of Polygon-based “Collectible Avatars”.
MATICUSDDevelopers of Blur Finance give a refresher course on how to carry out a crypto rug-pull – by making off with $600k worth of tokens.
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