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:
Figment is a venture funded, registered Canadian company based in Toronto. Canada offers stability, rule of law and clear crypto regulation.
30+ years of experience successfully scaling internet infrastructure companies.
Active participant in the Polygon ecosystem.
The world’s most advanced physical IDC + multi-cloud staking infrastructure.
Commission rate of 8%
Protected via industry-leading Staking & Delegation agreement.