What is Polygon? #
“Polygon is a cryptocurrency, with the symbol MATIC, and also a technology platform that enables blockchain networks to connect and scale.” #
| Cost To Stake | APR Per Node |
| $140K+ | 14.3%+ |
Profile #
- Launched in 2017
- Current Market Cap: $5,585,472,452
- Started as an Ethereum compatible, multichain system
- Currently has 100 validator nodes staking (max of 100)
- Requires 1,895,900 DOT to stake a node (No max limit to staking)
- Staking produces 14% APR returns on DOT staked
- Natively support delegated staking
- Destaking/Unbonding: 1 day
- Slashing/Penalties: Double signing, validator downtime, etc.
- Supports Smart Contracts and NFTs
Node Requirements #
Looking to roll your own node? Here is what’s required. #
- 8 vCPU cores
- 16 GB RAM
- 650 GB+ SSD
- 10 Mbps Up/Down
5 Year Outlook #
Based on our research at StaaS Fund, here are the long term expectations for this asset. #
- Cost to create/buy/sell NFTs is competitive
- Proven smart contract and NFT platform rapidly growing
- Adoption will increase significantly
- Distinguished in its Ethereum focused compatibility
