Year in Review 2019 — Matic Network

As we cross over to the new decade after the holiday season, it’s always valuable to look back at the year in reflection. 2019 was a huge year for Matic Network. From holding the best performing IEO in the industry to date, to our huge progress on the technical development front and outstanding rates of […]

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Another top project building on Matic Network to use Matic token for their private sale!

BetProcotol is the latest project building on Ethereum & Matic Network to use Matic token for their private sale. The proceeds of the sale to be used for community scholarship initiatives of BetProtocol to promote building on BEPRO & Matic Network. TL;DR- Private sale for $BEPRO tokens in $MATIC tokens- Tokens offered at 20% discount from […]

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Foundation Token Movement Accounting!

We want to strongly state that the allegations of token movement from our Foundation account, made by a FUD account against Matic team are completely baseless. Even Binance confirmed it:
We already announced that there will be a release of ~2.5% (248mn) tokens as communicated in our post which coincides with the net outward movement.

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Counter Stake is Here! — Getting Ready to Run Validator Nodes on the Matic Testnet

We have been working hard on enabling the Proof-of-Stake layer on Matic Network, and today we are launching our public incentivized staking testnet event Counter Stake. Yippee! ? We had previously released the details of our Staking economics and updates here — and here — You can register for Counter stake here — Stage 0 will officially start now. You can start with setting up […]

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Matic Network Staking Update and Becoming a Validator

We recently announced our staking economics with this blog post here. We have been constantly working on improving our staking approach and this note highlights some important updates. To reiterate, 1.2 billion Matic tokens (12% of our total supply) are allocated towards staking rewards. During the initial years of Matic Network’s full launch, we’ve decided upon […]

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October 2019 Token Unlock: 100% Foundation Tokens to be used for Staking Activities — Matic Network Blog

100% of unlocked Matic Treasury tokens (Foundation & Ecosystem) to be allocated to staking activities ~40% of Investors are voluntarily not taking any unlocks In all, ~80% of total unlocked tokens NOT to be released into the market Only ~20% of the unlocked tokens (248,446,690 tokens) to be released This was the first & last Investor token […]

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