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About Polygon (MATIC)
Buy Polygon
Polygon (formerly known as the Matic Network) is a Layer-2 solution on the Ethereum network. It provides scalable, secure, and instant transactions using sidechains. Based on an adapted implementation of the Plasma framework, Polygon optimizes for asset security and employs a decentralized network of Proof-of-Stake (PoS) validators. Decentralized application (DApp) developers can leverage the Polygon network for its fast transaction speed and low transaction cost.
Token
MATIC is an ERC-20 token native to the Polygon Network that serves multiple purposes, including paying for transaction fees, staking, and governance.
MATIC can be stored in a crypto wallet and custodian like Gemini.
Polygon technical documentation
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