Why buy Polygon?
Beyond its utility for securing the network and serving as the native gas token, the Polygon token (POL) also provides financial incentives for users who stake it, participate in governance, or contribute to the ecosystem’s growth, thereby supporting long-term engagement and strengthening the broader Polygon network.
About Polygon (formerly Matic Network)
1) The Polygon blockchain platform (originally launched as the Matic Network) is designed to improve Ethereum’s scalability by enabling developers to build decentralized applications with faster, cheaper transactions without compromising security, using a sidechain and Proof-of-Stake (PoS) validator system that periodically checkpoints data to Ethereum’s mainnet.
2) Founded in 2017 by Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic, the project initially focused on providing an easy-to-use Layer-2 solution for Ethereum and later expanded into a full ecosystem of scaling technologies under the name Polygon.
3) The native token of the Polygon ecosystem is now POL (formerly MATIC); it functions as the native gas token and staking asset used to secure the network, participate in governance, and pay transaction fees across the blockchain.
4) By staking their POL tokens, holders help validate transactions and secure the network, earning rewards in return, while validators and delegators contribute to overall decentralization and ecosystem health.
5) Beyond securing the network and facilitating transactions, the POL token also incentivises participation in governance and ecosystem activities, supporting long-term engagement and growth across the Polygon platform.
Frequently Asked Questions
01 What is Polygon and how does it work?
Polygon is a Layer-2 scaling and interoperability platform built for Ethereum that delivers faster transactions and much lower fees while leveraging Ethereum’s security, and it is developed by Polygon. Originally launched as the Matic Network and rebranded to Polygon, its native token MATIC transitioned toward the newer POL token as part of an ecosystem upgrade, reflecting its growth and evolving utility. The network uses Proof-of-Stake sidechains and other scaling solutions to process transactions off the congested Ethereum mainnet and periodically settle results on Ethereum, making it popular across DeFi, NFTs, gaming, and enterprise use cases. As interest in the project continues, many users researching on Polygon look to participate in its ecosystem and capture potential upside.
02 What is the minimum amount required to buy Polygon on ZebPay?
The minimum amount required to buy Polygon on ZebPay is INR 100. This makes it simple for users learning how to buy Polygon to start investing with a small amount.
03 Is it safe to buy and store Polygon on ZebPay?
Yes, it is safe to buy and store Polygon on ZebPay. The platform follows strong security practices and compliance standards, helping users buy Polygon with confidence and store their assets securely.