Bitcoin.com Wallet adds next low-fee chain, Polygon (MATIC) | by Bitcoin.com | Nov, 2022

We have been hard at work! We are proud to integrate Polygons Proof-of-Stake Ethereum sidechain to the Bitcion.com Wallet, the self-custodial wallet used by millions. It was only a month ago we added Avalanche, but we are back with Polygon integration, one of the most mature low-fee blockchains in crypto.

Now you can access Polygons ecosystem of decentralized apps (DApps) directly through the Bitcoin.com Wallet. As one of the oldest and largest Proof-of-Stake Ethereum sidechains, Polygon has a developed ecosystem of DApps such as lending, prediction markets, and synthetic assets. To get started, simply buy or swap MATIC directly in the app.

Polygon was one of the first to provide millions of people low-fee access to decentralized finance (DeFi). DeFi has run into speed bumps with high fees that push out the vast majority of people. Projects like Polygons are crucial to guaranteeing DeFi has low-fees, thus accessible to everyone. Polygons is fast and cheap, yet is able to maintain a high level of decentralization, which is important for security and censorship resistance. That Polygon is one of oldest ecosystems, meaning it has a mature variety of DApps, is icing on the cake.

-Dennis Jarvis., Bitcoin.com CEO

Bitcoin.com will also be bringing its ecosystem token VERSE to the Polygon network, which is an ideal fit. Verse requires a low-fee smart contract platform to enable the small, frequent transactions associated with the tokens utility and rewards functions. Verse will launch on Ethereum mainnet, but of course will be made bridgeable to the Polygon network.

Strategic buyers purchased $33.6 million in a private sale of VERSE tokens in May. Verse will launch following the public token sale, which is live now at getverse.com and runs until November 30 or the goal is reached. Two percent of the total VERSE token supply is up for grabs in the dynamically priced sale which has a soft-cap price of $0.0024/token or just a 50% greater price per token than that paid by first round private sale buyers.