What Is Polygon MATIC and What Is It Used For?
Formerly known as Matic Network, Polygon is an interoperability and scaling framework for building Ethereum-compatible blockchains. It is still centered around the MATIC token, which is used for governance, staking, and gas fees. In February 2021, Ethereum layer 2 scaling solution, Matic Network, rebranded as Polygon—an interoperable blockchain scaling framework. Here, we’ll explore what Polygon has set…
