Powering the Polygon experience

MATIC is the currency of Polygon that enables users to interact with tens of thousands of dApps involved in our ecosystem. It is also used to secure the network by staking.
Polygon lives on top of Ethereum as a layer 2 blockchain. The underlying Ethereum blockchain ultimately secures and settles transactions, but developers have been designing second layers built on top of blockchains to increase the number of transactions per second that a network can process.
In what some call an “Internet of Blockchains,” Polygon aims to bridge many different blockchain projects on Ethereum, which all boast different features, but aren’t necessarily interoperable. There are other blockchain projects trying to solve a similar problem, such as Polkadot and Cosmos. Polygon aims to improve upon these projects by being compatible with Ethereum, tapping the second-largest blockchain’s security and mature ecosystem.