KLEA News | Crypto News Aggregator
Polygon (prev. MATIC)POL#66- $0.12
- 2.44%24h
- Market Cap$1.28 B
- Volume 24h$148.83 M
- Circulating Supply10.62 B POL
POL (prev. MATIC) is a cryptocurrency that plays a pivotal role in the blockchain ecosystem, particularly within the Polygon network. Polygon (PoS) is a Proof-of-Stake scaling solution for Ethereum, and the default choice for sending money onchain. POL serves as the native gas token of this ecosystem, powering all transactions, and staking token, securing the network.
In return for staking, stakers earn rewards, incentivizing network security and participation. They can also become eligible for Agglayer ecosystem airdrops.
