Is Matic an ETH token?

Is Matic an ETH token? – Enpatika

Is Matic a token?

27 March 2022 Enpatika.com Genel

MATIC tokens are used to govern and secure the Polygon network and pay transaction fees . Polygon uses a modified proof-of-stake consensus mechanism to efficiently operate the platform.22 Şub 2022

Polygon is to Matic as Ethereum is to ETH . There are 10 billion total possible MATIC crypto coins, and as of December 2021, 7.16 billion of them are in circulation. The rest will be minted by stakers – users who deposit their MATIC crypto tokens into a staking smart contract in order to become validators.3 Oca 2022