Polygon, also known as Matic, is a popular cryptocurrency and ecosystem that offers various opportunities for investors. In this article, we will discuss three of our favorite projects within the Polygon ecosystem.
Coin 1: Quickswap
Quickswap is the leading decentralized exchange (DEX) on Polygon. It offers a wide range of features and has over $100 million in total value locked (TVL). If you use Polygon for activities like holding stablecoins, DeFi, NFTs, or games, Quickswap is a must-know platform. They even have stablecoin-only farms for convenient earning opportunities. One interesting aspect of Quickswap is their native token, dQUICK, which goes into the Dragon’s Lair and encourages longer-term holding. With a low market value compared to its TVL, Quickswap could be an attractive investment.
Coin 2: Gamma
Gamma Strategies and its $GAMMA coin are our lowest cap pick in the Polygon ecosystem. Gamma is a liquidity provider for DEXs, with Quickswap being one of their main sources of volume. Although it’s a small project, Gamma offers excellent yields and the ability to stake $GAMMA for a share of protocol fees. The token currently trades at a fraction of its all-time high, presenting a potential buying opportunity for those who believe in the Polygon ecosystem.
Coin 3: Voxies
Voxies is a free-to-play game on Polygon that allows players to earn cryptocurrency through gameplay. It combines PvP battles with role-playing elements and has its own marketplace for buying and selling in-game NFTs. One unique feature of Voxies is the ability to rent game items and earn native $VOXEL coins as income. With its current market value and potential for growth, Voxies could be an interesting investment for those who believe in the future of gaming.
Hot Take:
The Polygon ecosystem offers exciting opportunities for investors. From Quickswap’s leading DEX to Gamma’s liquidity provision and Voxies’ play-to-earn game, there are various ways to participate in the ecosystem. While these projects may have their risks, they also present the potential for significant returns. If you’re interested in exploring the Polygon ecosystem, consider these three projects as potential investments. Just remember to do your own research and assess your risk tolerance before making any investment decisions.