What is Polygon (Matic)?

Previously known as the Matic Network, Polygon is an interoperability layer two scaling solution for building Ethereum-compatible blockchains. The blockchain uses the Matic token for governance, staking and for gas fees via a proof of stake (PoS) consensus mechanism.

In brief:

• Polygon is a layer-2 scaling Ethereum solution.
• Polygon’s network uses the MATIC utility token
• Polygon aims to become interoperable between blockchains

staked / circulation(daily)

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Amount of matic in circulation(hour)

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Amount of matic in circulation(hour)

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matic staked (Daily)

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staking rate(Based on the day)

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Highest matic staked amount

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Conclusion:

According to the above graphs, it can be said that the amount of Natic stakked does not have a clear trend and in some cases it is downward.