Polygon is a protocol for building Ethereum-compatible blockchain network. This network provides security yet at the same time has high transaction speed with low fees. Polygon is a multi-chain system, in which is much more secure and powerful. It was developed to provide a generalized layer to platform, in order to solve scaling difficulties. Polygon comes with several features, such as interoperability, modularity and sovereignty.
MATIC is the native token for Polygon that are used as settlement currency in the ecosystem.