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Exchange rate of ELU (ELU) to Polygon (MATIC)

1 ELU = 0.010927 MATIC


Quotation rate chart ELU (ELU):

Polygon (MATIC previously), is a Layer 2 scaling solution built on the Ethereum blockchain

Starting September 2023 began Polygon 2.0 Implementation. This also included the initiation of the upgrade from MATIC to POL.

It aims to address some of Ethereum's scalability issues by providing a framework for creating and connecting multiple sidechains. These sidechains, or "Polygon chains," can process transactions more quickly and with lower fees compared to the main Ethereum network. Polygon also offers compatibility with Ethereum's smart contracts, enabling developers to deploy decentralized applications (DApps) that benefit from faster and more efficient transactions. 

Polygon's network has gained popularity for its potential to enhance the overall user experience on decentralized platforms.

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