Are there any use cases for MATIC tokens outside of trading and investing in them?
Yes, there are several use cases for MATIC tokens outside of trading and investing in them.
MATIC tokens are used to pay transaction fees on the Polygon network, which is a layer-2 scaling solution for Ethereum. This allows users to interact with the Ethereum blockchain in a more efficient and cost-effective manner. Additionally, MATIC tokens can be used to access various DeFi applications built on the Polygon network, such as decentralized exchanges (DEXs), yield farming protocols, and other financial services.
Furthermore, developers can use MATIC tokens to access Polygon’s development tools and services such as its SDKs and APIs. Finally, MATIC tokens can also be used to participate in governance decisions on the Polygon network through its decentralized autonomous organization (DAO).
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