All About Polygon Chain.

What is Polygon Network?

Polygon Network, commonly referred to as Polygon, is a layer-2 scaling solution for Ethereum that aims to provide cheaper and faster transactions. Polygon (formerly Matic Network) is most well-known for its native token "MATIC". Polygon seeks to offer a framework for building and connecting Ethereum-compatible blockchain networks, thereby enhancing the scalability and usability of Ethereum. Polygon was founded by Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun in 2017.

Polygon was primarily designed to improve the functionality of the Ethereum blockchain. Its secondary goal is to address challenges of scalability and slow block confirmations. It touts features such as scalability, low transaction fees, and transaction speeds of up to 65,000 TPS. If you want to learn more, check out the Polygon whitepaper.

How does Polygon work?

Polygon is a so-called “layer-2” blockchain. A key feature of Polygon is its compatibility with the Ethereum Virtual Machine (EVM), meaning Polygon can execute Ethereum smart contracts and decentralized applications (dapps) with increased speed and at a lower cost. Furthermore, Polygon maintains compatibility with Ethereum tooling and community resources, further encouraging developer migration and multi-chain Ethereum scaling.

The Polygon Network is powered by the Polygon (MATIC) token. Polygon's architecture is based on a four-layer system which consists of the Ethereum layer, security layer, Polygon networks layer, and execution layer. These layers work together to ensure security, scalability, and flexibility. Polygon allows developers to create and deploy a wide range of dapps or decentralized finance (DeFi) applications.

How to Find Undervalued Tokens on Polygon

Using Moralis, you can easily find undervalued tokens on Polygon Network. Specifically, Moralis allows you to make sense of on-chain data in real-time. With customizable filters, you can search through the different tokens on Polygon to find the ones of interest to you.

All in all, Moralis allows you to find Polygon coins, get access to the on-chain metrics and avoid scams, as well as real-time updates whenever new coins match your preferences.

When you find a Polygon token that fits your criteria or that looks interesting, you can easily buy it from Moralis. Just click the “Buy” button on the relevant token page!

New Polygon Tokens

Discover new Polygon tokens the moment they drop with Moralis. Just head over to “New Coins”, make sure you are viewing the Polygon chain, and get a real-time overview of new Polygon tokens.

Any newly released token is a potentially high-risk investment, and this is also the case with Polygon tokens. Ensure you do your own research (DYOR) whenever you are about to invest in a new Polygon token.