What currency is Polygon Coin?

What kind of currency is Polygon Coin? This is an issue that many netizens are concerned about. Next, the editor of PHP will bring you an introduction to the currencies of polygonal coins. Interested netizens should follow the editor to take a look!

Introduction to the currency types of Polygon Coin

1. Polygon Coin (MATIC) is a cryptocurrency based on the Ethereum blockchain.

2. As the native token of the Polygon network, it supports various operations in the Polygon protocol, including payment of transaction fees, staking and governance participation.

3. Polygon aims to expand the Ethereum network and provide a lower-cost, faster and more scalable transaction experience.

4. MATIC is used to pay for these services on the Polygon network and incentivize network participants to maintain and protect network security and efficiency.

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