Polygon Fees

    Polygon network is an interoperability layer two scaling solution for building Ethereum-compatible blockchains. It issued $MATIC token which are used for governance, staking and gas fees. However, Polygon currently utilizing proof of stake consensus mechanism while Ethereum still using Proof of Work, but they plan to migrate to PoS early next year. Gas fees refers to the fee required to successfully conduct a transaction on blockchain and are paid in the network's native currency, in this case $ETH for Ethereum and $MATIC for Polygon.