Stake Polygon (MATIC)
with Simply Staking

Polygon is a scaling solution for Ethereum that improves its speed, efficiency, and transaction costs by using a Layer 2 infrastructure. It offers a flexible framework for building and connecting Ethereum-compatible blockchain networks, making it easier for developers to deploy decentralized applications (dApps) with enhanced performance.

Polygon reduces gas fees by processing transactions on its Layer 2 network rather than directly on the Ethereum mainnet. This off-chain approach lightens the load on Ethereum, allowing for faster and more cost-effective transactions while preserving the security of the Ethereum blockchain.

Polygon supports a wide range of decentralized applications, including DeFi protocols, NFT platforms, gaming dApps, and Web3 projects. Its EVM (Ethereum Virtual Machine) compatibility makes it easy for developers to build or port Ethereum-based applications to Polygon with minimal modifications.

Yes, Polygon prioritizes security through a combination of Ethereum's Layer 1 security and its own consensus mechanisms on Layer 2. Polygon’s Plasma framework and its Proof-of-Stake (PoS) validators safeguard transactions and assets on the network, ensuring users experience a secure and reliable blockchain environment.

POL is the native token of the Polygon network, used for transaction fees, staking, and governance. By staking POL, users can help secure the network and earn rewards, while developers use POL to power transactions and deploy smart contracts within the ecosystem.

Developers can start building on Polygon by accessing its developer documentation and SDKs for creating scalable dApps. Users can get started by connecting a compatible wallet, such as MetaMask, to access Polygon-based applications or transfer assets from Ethereum using the Polygon Bridge for low-cost, high-speed transactions.