Polygon is a layer 2 scaling solution for Ethereum, providing a framework for building and connecting multiple compatible blockchains. It addresses Ethereum's scalability challenges, enabling faster and cheaper transactions. Polygon offers a diverse set of tools and frameworks, simplifying the development of decentralized applications and enhancing the overall user experience on the Ethereum network.
Finoa’s Polygon validator is run by Finoa Consensus Services, the Finoa subsidiary that builds blockchain infrastructure. By staking to an FCS node, you agree to the Finoa Consensus Services Terms and Conditions.
The Polygon token has several functions:
Polygon is an inflationary currency with no supply cap. However, if there’s high network activity, inflation is counterbalanced by fee burning.
To ensure that validators are behaving according to the rules of the protocol, most Proof-of-Stake networks enforce punishments via slashing. Polygon tokens can get slashed if:
Our recommended wallet for delegated staking of MATIC tokens is Metamask.
You maintain full custody of your tokens when delegating your Polygon tokens to the Finoa Consensus Services validator.
Finoa’s Polygon validator is run by Finoa Consensus Services.
Founded in 2022, Finoa Consensus Services (FCS) is Finoa’s first subsidiary. FCS develops blockchain infrastructure and distributed validator technology that secures decentralized networks and maximizes institutional investors’ capital efficiency.
By staking to an FCS node, you agree to the Finoa Consensus Services Terms and Conditions.