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Thanks to Polygon's low fees, There are now a lot of innovative projects in the DeFi trading space.

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by COINS NEWS 99 Views

I spent the previous few weeks doing my due diligence on the polygon network and now completely understand the hype. This is why matic is so great.

Polygon recently hit 19,000 dApps built on their network. A few months ago this was only around 3000 in numbers which is an unbelievable growth! This is because Polygon allows you to perform a lot of things for a low price and in a short amount of time. This shows the real power and potential of Polygon.

One of those great projects I read through this article called Gains Network where people can use leveraged trading on stock prices. I looked through it, and it appears to be promising for decentralized leverage trading. I'm not a big fan of leverage trading, but I know a lot of degenerates that are, and that will definitely boost the token's value.

I believe that this is going to be beneficial because many governments are beginning to regulate and prohibit different leveraged trading sites. There is no funding rate on the platform, and they employ several chain link oracles to decide a reasonable pricing. So no wick scams.

It's incredible to have all of the underlying functionality of ETH paired with the minimal fees of matic. If you're interested in a crypto project, I believe that using it is by far the best way to learn about it and determine whether it's a good investment.

submitted by /u/bogusseduction95
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