Matic has officially become an algorithmic stablecoin as price is set to $1 USD.

The Polygon Twitter team just announced on Twitter that Polygon would become an algorithmic stablecoin pegged to $1 USD and the price will be backed through an ETH swap. https://preview.redd.it/fdnvoj5nw0ea1.png?width=894&format=png&auto=webp&s=f56aa64e2a6578118632fa57d880e583a01fc55b The swap feature hasn’t gone live yet but Matic promptly shot to $1 in anticipation of being able to trade Read more…

Moon Week 35

Hello everyone and welcome to Moon Week for round 35 of Moons! For more information about Moons, please see our wiki page here or the Community Points page by the admins here. Moon Week began yesterday with the snapshot post by the admins. The ratio is at least 0.9138 and Read more…