Matic

Polygon (MATIC), launched in October 2017, is a Layer 2 scaling solution for Ethereum, aiming to enhance scalability and reduce transaction complexity. It uses a custom version of the Plasma framework, enabling up to 65,536 transactions per block on each sidechain. The London Hard Fork and EIP-1559 upgrade went live on January 18, 2022, changing the fee mechanism on the Ethereum network. As of now, Polygon has a circulating supply of 4,877,830,774 MATIC tokens out of a maximum supply of 10,000,000,000. The network is secured through a proof-of-stake consensus mechanism, with validators staking MATIC tokens as collateral.

matic

Aave and MATIC Surge to New ATHs as On-Chain Transactions Rises

DeFi protocols Aave and Polygon has seen a surge leading to an ATH in their respective native tokens.

by Godfrey Benjamin
May 18, 2021

matic

QuickSwap Breaches $1,000 for the First Time amid Increasing Adoption of Polygon

QuickSwap is a decentralized trading platform leveraging Polygon's Layer 2 network. Its native token QUICK achieved a new record-high today, breaching $1,000.

by Annie Li
Apr 29, 2021

matic

Polygon Surges by 2600% on a Year-to-Date Basis as Adoption of Layer 2 Accelerates

Polygon's rate of return is very impressive, rising by more than 2600%, from $0.0178 to $0.468 since the beginning of 2021.

by Annie Li
Apr 26, 2021

matic

Indian Tech Giant Infosys and Matic Network to Reinvigorate Dapp User Experience

In a pivotal technological partnership, Infosys joins Matic network as an early transaction validator. This synergy will offer a strong tech structure to the Matic operations with DApps.

by Godfrey Benjamin
May 30, 2020