Polygon is an EVM compatible sidechain and a Layer-2 scaling solution for Ethereum. It is designed to increase transaction throughput and lower transaction fees for Ethereum users and developers by connecting stand-alone and secured blockchains to the network.

The protocol uses a Proof-of-Stake (PoS) consensus mechanism for the verification of transactions. It started from an adapted implementation of the Plasma framework for Ethereum, but the “vision” of the development team is to provide side chain scaling solutions for blockchains in general.

Along that line, Polygon provides many solutions and useful features such as:

  • Deploy existing blockchain networks and develop custom blockchains
  • Enable communicate between Ethereum and other blockchains
  • Help existing blockchain networks to become compatible with Ethereum

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Market Cap
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Price
{price-usd}
Rewards
Slashing
Staked funds are placed at risk and can be penalized, or slashed if a validator node is unavailable or acts maliciously
Inflation
Unbonding
80 checkpoints (average of 2 days, or slightly less)
Compounding
A new delegation is required to compound rewards
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Figment's Validator Addresses

https://wallet.polygon.technology/staking/validators/87

Need more detailed instructions?

See full guide

Polygon FAQ

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