#polygon $POL @Polygon

Polygon (MATIC) is a popular Layer-2 scaling solution for Ethereum, designed to make transactions faster and cheaper while maintaining network security. It uses sidechains and advanced technologies like Plasma, zk-rollups, and optimistic rollups to improve scalability.

On Binance, the MATIC token (Polygon’s native cryptocurrency) is used for:

Paying transaction fees on the Polygon network

Staking to help secure the network