DeFi

Polygon

Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development.

overview of partner

Polygon is a Layer 2 scaling solution for Ethereum that enhances transaction speeds and reduces costs by using sidechains and a Proof-of-Stake mechanism. Its native token, MATIC, is used for transaction fees, staking, and governance within the Polygon ecosystem.

Partnership Summary

Tangle Network integrates with Polygon to provide liquid staking for MATIC tokens. Staking MATIC allows for the minting of tgMATIC, which can then be restaked within Tangle Network’s ecosystem, offering enhanced staking rewards and liquidity options through Tangle Blueprints' innovative services.