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Is polygon a good investment Quora?
Polygon is a layer 2 Etherium based block chain with cheaper than Ethereum fees, and is highly secured. It’s an attractive project and good investment, as Ethereum currently has the largest portion of the market and its ERC-20 smart contract tokens.
Is Matic reach 10 dollars?
Now Polygon has an opportunity to Jump because of this. time to make money with Polygon. Through some pretty interesting articles covering things like can, Polygon Matic reaches ten usd.
Is Polygon better than ethereum?
Matic PoS Sidechain Aave, the DeFi lending protocol, recently launched Aave Polygon. Ethereum is Layer 1, whereas Polygon sidechains are Layer 2. Taking transaction volume from DeFi apps like Aave and Curve off of Layer 1 and onto Layer 2 results in near-instant scalability and a better UX for all.
What is Polygon Matic used for?
Polygon (with ticker MATIC) is a complete multi-chained system, a framework as well as a protocol. It connects Ethereum-compatible blockchain networks and is built to solve the scalability issues on the current Ethereum network. It is a layer 2 solution, i.e it works on top of Ethereum’s primary blockchain.
What is the mirror protocol (Mir)?
The Mirror Protocol (MIR) is a unique project that enables the creation of Synthetics to gain on-chain price exposure to real-world assets. Through the use of advanced smart contracts, the platform allows anyone to issue and trade synthetic assets that monitor and track the price of arbitrary real-world assets.
What is polygon (Matic)?
Polygon, formerly known as Matic, is a framework to build Ethereum compatible blockchain networks. To describe the features of Polygon, their whitepaper uses a term that perfectly sums the quality of the project – “Built by Developers, for Developers.”
What are synthetics on the mirror protocol?
Synthetics on the Mirror Protocol blockchain are referred to as mAssets. Synthetics can be created, stored, and traded directly from your network wallet. Notably, you will need to collateralize your synthetics prior to launch. Creating a mAsset is simple when you leverage the Mirror Protocol.
What is mirror token (Mir)?
The Mirror Token (MIR) is the main governance and rewards token of the network. It’s used to incentive liquidity providers. MIR gets distributed via liquidity and platform incentives. Notably, the token was launched without a team or investor pre-mine.