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Polygon is Discontinuing MATIC BEP-2: What Does this Mean?

Ethereum scaling solution, Polygon, has announced the discontinuation of its BEP-2 tokens. Polygon launched the MATIC BEP-2 token in 2019n after its MATIC listing and...
Polygon is Discontinuing MATIC BEP-2: What Does this Mean? Polygon is Discontinuing MATIC BEP-2: What Does this Mean?

Ethereum scaling solution, Polygon, has announced the discontinuation of its BEP-2 tokens. Polygon launched the MATIC BEP-2 token in 2019n after its MATIC listing and integration with the Binance DEX and its main chain (not the Binance Smart Chain).

BEP-2 is a standard for tokens created by Binance to allow customers to send assets faster. The MATIC BEP-2 token was launched to provide added liquidity, autonomy, more trading pairs, and security for MATIC Holders.

Polygon Discontinues MATIC BEP-2

Polygon explained that it conferred with Binance to discontinue MATIC BEP-2 due to low usage of the tokens. Failing to achieve the purpose of its launch, the 150 million MATIC BEP-2 tokens will be discontinued. Polygon announced;

Holders of the MATIC BEP-2 tokens will be required to transfer them to Binance and withdraw them as MATIC on Ethereum, Polygon, or BSC.

Polygon clarified that all BEP2 MATIC will burn when all users are swapping, wiping them from existence.

On the Flipside

  • While MATIC BEP2 fails to bolster liquidity on Binance, MATIC has been one of the best performing cryptos, gaining more than 12,000% in 2021

Why You Should Care

Crypto projects are not immune to failing, and Polygon is looking to declutter as it builds to support multiple types of applications.

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18-01-2022 12:31:19 (UTC+7)

EUR/USD

1.1327

-0.0080 (-0.70%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (8)

EUR/USD

1.1327

-0.0080 (-0.70%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (8)

GBP/USD

1.3583

-0.0063 (-0.46%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (7)

USD/JPY

114.61

0.01 (0.00%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

AUD/USD

0.7175

-0.0034 (-0.48%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

USD/CAD

1.2557

+0.0037 (+0.30%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (1)

EUR/JPY

129.80

-0.92 (-0.70%)

Summary

Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (3)

Sell (3)

EUR/CHF

1.0386

-0.0038 (-0.36%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (3)

Sell (5)

Gold Futures

1,813.30

-3.20 (-0.18%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (8)

Silver Futures

23.453

+0.535 (+2.33%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (9)

Copper Futures

4.3897

-0.0308 (-0.70%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Crude Oil WTI Futures

84.19

+0.89 (+1.07%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (9)

Brent Oil Futures

86.88

+0.40 (+0.46%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (10)

Natural Gas Futures

4.292

+0.030 (+0.70%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

US Coffee C Futures

239.70

+0.05 (+0.02%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (7)

Sell (1)

Euro Stoxx 50

4,257.82

-44.32 (-1.03%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (9)

S&P 500

4,581.00

-81.85 (-1.76%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (10)

DAX

15,772.56

-161.16 (-1.01%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (9)

FTSE 100

7,563.55

-47.68 (-0.63%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

Hang Seng

24,112.78

-105.25 (-0.43%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

US Small Cap 2000

2,107.65

-53.90 (-2.49%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (8)

IBEX 35

8,781.60

-57.10 (-0.65%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (11)

BASF SE NA O.N.

67.660

-0.480 (-0.70%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

Bayer AG NA

52.06

-0.76 (-1.44%)

Summary

Neutral

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (2)

Sell (6)

Allianz SE VNA O.N.

225.95

-1.10 (-0.48%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (6)

Adidas AG

254.20

+1.55 (+0.61%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Deutsche Lufthansa AG

7.129

-0.112 (-1.55%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (4)

Siemens AG Class N

142.60

-3.40 (-2.33%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Deutsche Bank AG

11.926

-0.092 (-0.77%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (5)

Sell (3)

 EUR/USD1.1327↑ Sell
 GBP/USD1.3583↑ Sell
 USD/JPY114.61↑ Buy
 AUD/USD0.7175↑ Sell
 USD/CAD1.2557↑ Buy
 EUR/JPY129.80Sell
 EUR/CHF1.0386↑ Sell
 Gold1,813.30↑ Sell
 Silver23.453↑ Sell
 Copper4.3897↑ Sell
 Crude Oil WTI84.19↑ Sell
 Brent Oil86.88↑ Sell
 Natural Gas4.292↑ Sell
 US Coffee C239.70↑ Buy
 Euro Stoxx 504,257.82↑ Sell
 S&P 5004,581.00↑ Sell
 DAX15,772.56↑ Sell
 FTSE 1007,563.55↑ Sell
 Hang Seng24,112.78↑ Buy
 Small Cap 20002,107.65↑ Sell
 IBEX 358,781.60↑ Sell
 BASF67.660↑ Sell
 Bayer52.06Neutral
 Allianz225.95↑ Sell
 Adidas254.20↑ Sell
 Lufthansa7.129↑ Sell
 Siemens AG142.60↑ Sell
 Deutsche Bank AG11.926↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,115/ 6,155
(0/ 0) # 1,167
SJC HCM6,110/ 6,170
(0/ 0) # 1,183
SJC Hanoi6,110/ 6,172
(0/ 0) # 1,185
SJC Danang6,110/ 6,172
(0/ 0) # 1,185
SJC Nhatrang6,110/ 6,172
(0/ 0) # 1,185
SJC Cantho6,110/ 6,172
(0/ 0) # 1,185
Cập nhật 18-01-2022 12:31:22
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,814.36-4.97-0.27%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-IV2400024480
RON 95-II,III2390024370
E5 RON 92-II2291023360
DO 0.05S1838018740
DO 0,001S-V1873019100
Dầu hỏa1719017530
ↂ Giá dầu thô thế giới
WTI$84.23-0.59-0.70%
Brent$86.47-0.38-0.44%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.560,0022.870,00
EUR25.241,6226.656,50
GBP30.202,2531.491,85
JPY191,95203,20
KRW16,5120,11
Cập nhật lúc 18:54:36 18/01/2022
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