Polygon

Polygon is a Layer 2 scaling solution that improves Ethereum scalability and reduces transaction costs.

What Is Polygon (MATIC)? Polygon is an Ethereum Layer 2 scaling solution that improves transaction speed and reduces gas fees while maintaining compatibility with Ethereum smart contracts.

An Ethereum scaling solution that uses sidechains and rollups. Developers can deploy Ethereum-compatible applications on a faster and cheaper secondary network while periodically settling data on Ethereum for security.

Ethereum Efficiency: Used to pay transaction fees across scaling solutions (sidechains and rollups) that make Ethereum-based apps faster and more affordable for mainstream users.

Layer 2 Aggregator: Started as a sidechain and evolved into a broader suite of scaling solutions. Used to pay transaction fees on Polygon PoS and as a governance/staking asset across an Ethereum-compatible dApp ecosystem.