Name : POL (ex-MATIC) (POL)
POL Price : $0.13600 +0.23%
Consensus Mechanism : Proof Of Stake
Volume: 92,668,249
Market Cap: 1,434,979,995
Shariah Judgement
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Shariah Status :
Last Screening: Q4 2024
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Overview
Polygon (formerly known as Matic Network) is a Layer 2 scaling solution for the Ethereum blockchain, designed to enhance the scalability and usability of Ethereum-based applications. The term "Polygon (Ex-MATIC)" typically refers to the new token associated with the Polygon network as it transitions from the existing MATIC token to POL, the new token it will use starting in 2024.
Whitepaper & Documents
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