The Many Lives of Tokens

Tokens are the élan vital of Web3 networks, and projects are often perceived through the price at which they trade. But token price, subject to market sentiment and speculation, is not synonymous with token value. To understand the fundamentals, we must first unpack the different ways that value accrues to tokens in the new Internet […]

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Robinhood Launches Deposits and Withdrawals for MATIC on the Polygon Network

Today, we’re thrilled to announce that Robinhood, the popular stock and crypto investing app in the US, has launched support for deposits and withdrawals of MATIC on the Polygon Proof-of-Stake (PoS) chain. The move is set to bring all of the benefits of Ethereum’s Layer-2 (L2) solutions to Robinhood users for the first time, including […]

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An Update on Distribution of Staking Token Rewards

In 2019, as part of the Matic Network (now, Polygon) token distribution, 12% of the MATIC token’s total supply was allocated for staking rewards to be released over a five-year period. Now that two years have passed, a report is being shared on the progress seen in the Polygon PoS network so far and an […]

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What’s New - March 2022

We at Polygon are thankful every day for our community of developers, validators, and users that help our ecosystem grow. Today we’re sharing a few small updates to Polygon’s wallet suite that were inspired by feedback and suggestions from our community. 🔥 Mobile Burn, Matic, Burn A few weeks ago we launched the MATIC burn […]

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Burn, MATIC, Burn!

The much-anticipated EIP-1559 upgrade is finally here and Polygon’s native token MATIC is now being burned. We have created an interactive dashboard where users can monitor and take part in the process. Each time a user pays for a transaction, the base fee gets locked on the burn contract on Polygon and the priority fee […]

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Polygon Arrives on Nexo With Up to 20% APR for MATIC Holders

Polygon Arrives on Nexo With Up to 20% APR for MATIC Holders Polygon is thrilled to announce that our native MATIC token has been added to Nexo, the world's most advanced, regulated digital assets institution offering instant crypto loans. Nexo customers will now be able to buy, swap, borrow against MATIC held on the platform […]

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