Polygon (MATIC Coin) is an Ethereum token that drives the Polygon Network, a scaling answer for Ethereum.
Polygon means to give quicker and less expensive exchanges on Ethereum utilizing Layer 2 sidechains, which are blockchains that run close by the Ethereum principle chain.
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Clients can store Ethereum tokens to a Polygon savvy contract, connect with them inside Polygon, and afterward pull out them back to the Ethereum principle chain.
The MATIC token is utilized to pay exchange expenses and partake in evidence of-stake agreement.