Bridger Destinations

    Q5. Where do people go when they bridge to Polygon from Ethereum? What are the 10 most popular first destinations for Polygon addresses that have just bridged from Ethereum?


    > Ethereum↔Polygon Bridge

    Polygon brings you a trustless two-way transaction channel between Polygon and Ethereum by introducing the cross-chain bridge with Plasma and PoS security. With this users can transfer tokens across Polygon without incurring third-party risks and market liquidity limitations. The Plasma and PoS Bridge is available on both Mumbai as well as Mainnet.

    Polygon bridge provides a scaling solution which is near-instant, low-cost, and quite flexible. Polygon uses a dual-consensus architecture(Plasma + Proof-of-Stake (PoS) platform) to optimise for speed and decentralisation.

    > What is Polygon used for?

    Polygon, formerly known as the Matic Network, is a scaling solution that aims to provide multiple tools to improve the speed and reduce the cost and complexities of transactions on blockchain networks.

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    In the above graphs, the number of transactions and wallet addresses are shown on a daily basis. In the three pie charts, we can see the number of DAI transactions on which platforms(uniswap is the highest percentage), then in which function such as bridge, pool, reserve, etc(general-contact is the highest percentage). In the third chart, it is shown what things were for purchase, such as nft, dex (defi is the highest percentage).

    In the above graphs, the number of transactions and wallet addresses are shown on a daily basis for USDC stable coin. In the three pie charts, we can see the number of USDC transactions on which platforms(AAVE is the highest percentage), then in which function such as bridge, pool, reserve, etc(general-contact is the highest percentage). In the third chart, it is shown what things were for purchase, such as nft, dex (defi is the highest percentage).

    In the above graphs, the number of transactions and wallet addresses are shown on a daily basis about USDT stable coin. In the three pie charts, we can see the number of DAI transactions on which platforms(hope protocol is the highest percentage), then in which function such as bridge, pool, reserve, etc(general-contact is the highest percentage). In the third chart, it is shown what things were for purchase, such as nft, dex (dex is the highest percentage).

    From the non-Ethereum tokens, you can see the top 10 tokens preferred by users (left side) and the top 10 tokens with which transactions were made (right side). In both, the USDC token, which is a stablecoin, has been the most popular. Among these tokens, we choose three stable coins USDC, DAI, USDT to continue the analysis.

    After transferring to the polygon network, we want to see in which fields the 3 selected tokens are used. The first one is the DAI token.

    In this graph, the number of daily transactions and addresses, in a period of ==60 days==. It shows tokens other than Ethereum that have been bridged from Ethereum to polygon. The largest transaction was recorded on July 29.