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What is a Polygon token?

Polygon (MATIC) is a cryptocurrency that operates on the basis of the Proof of Stake (PoS) method. This means that coin holders receive income, which is calculated based on their number. Those who store tokens in a wallet connected to the network participate in the process of confirming operations on the network

  • Polygon
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Sergey Ilin.
Jan 21 2023, 05:58

It is MATIC indeed.

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Web3 (also known as Web 3.0) is an idea for a new iteration of the World Wide Web which incorporates concepts such as decentralization, blockchain technologies, and token-based economics.

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