What is Polygon?
Polygon was created in India in 2017 and was originally called the Matic Network.
Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. Aggregating scalable solutions on Ethereum supporting a multi-chain Ethereum ecosystem.
Polygon, formerly known as the Matic Network, is a scaling solution that aims to provide multiple tools to improve the speed and reduce the cost and complexities of transactions on blockchain networks.
How to use / participate?
The Polygon token known as MATIC is the base resource of the Polygon system. In addition to the fact that it is utilized for exchange payments, it is used for storing tokens to protect the Polygon network, too. Since its rebrand, the Polygon MATIC token has received an incredible cost surge following a tremendous expansion in use.
Tokenomics
Total supply: 10,000,000,000 MATIC
Circulating supply: 6,800,000,000 MATIC