{"date":"2022-01-20T00:00","headerImageUrl":"https://structuredproducts-ch-pub-uat.leonteq.com/product-news/product-homepage-banner/polygon-leonteq-structured-products_product+website.jpg","subTitle":"30 crypto assets tradable via Leonteq","windowTitle":"Polygon","category":"crypto-assets","title":"About Polygon","body":"<p><strongPolygon (formerly Matic Network) was launched in October 2017 and is backed by Binance and Coinbase. It is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development.<\/strong><\/p>\n<p>Polygon aims to provide faster and cheaper transactions on Ethereum using Layer 2 sidechains, which are blockchains that run alongside the Ethereum main chain with pretty much the same functionality such as smart contract support. Users can deposit Ether to a Polygon smart contract, interact with them within Polygon, and then later withdraw them back to the Ethereum blockchain.<\/p>\n<p>MATIC, the native tokens of Polygon, is an ERC-20 token running on the Ethereum blockchain. The tokens are used for payment services on Polygon and as a settlement currency between users who operate within the Polygon ecosystem. The transaction fees on Polygon sidechains are also paid in MATIC tokens.<\/p>\n<p>Polygon transforms Ethereum into a full-fledged multi-chain system akin to other networks such as Polkadot, Cosmos or Avalanche while benefiting from Ethereum\u2019s security, ecosystem and openness.<\/p>\n<h3>Investment solution on Polygon - tradable on SIX Swiss Exchange<\/h3>\n<div>  \n    \n    <SavedSearch :allProducts=\"false\" :filter=\"{&quot;partner&quot;:&quot;LEONTEQ&quot;,&quot;currencies&quot;:[],&quot;issuers&quot;:[],&quot;productCategories&quot;:[],&quot;productGroups&quot;:[],&quot;productTypes&quot;:[],&quot;maturityRangeKey&quot;:[],&quot;distanceToBarriers&quot;:[],&quot;barrierLevelRanges&quot;:[],&quot;strikeLevelRanges&quot;:[],&quot;underlyings&quot;:[],&quot;omni&quot;:&quot;\\&quot;CH1129854332\\&quot; \\&quot;CH1129854357\\&quot; \\&quot;CH1129854340\\&quot;&quot;,&quot;conditions&quot;:{&quot;+snapshot.product.secondary_market:true&quot;:false,&quot;+snapshot.product.esg:true&quot;:false,&quot;&quot;:true,&quot;+snapshot.product.in_subscription:(\\&quot;LEONTEQ\\&quot;)&quot;:false,&quot;-_exists_:snapshot.product.in_subscription&quot;:false},&quot;underlyingSearchString&quot;:&quot;&quot;,&quot;marketVenues&quot;:[],&quot;assetClasses&quot;:[],&quot;barrierTypes&quot;:[],&quot;sortFields&quot;:[{&quot;fieldName&quot;:&quot;snapshot.product.investment.investment_currency&quot;,&quot;sortOrder&quot;:&quot;ASC&quot;}],&quot;displayColumns&quot;:[&quot;coupon&quot;,&quot;underlying&quot;,&quot;barrierPercentage&quot;,&quot;currency&quot;,&quot;lastTradingDate&quot;,&quot;bidAsk&quot;,&quot;subscriptionEndDate&quot;,&quot;valor&quot;,&quot;documentLinks&quot;]}\">\n                    <template v-slot:footer>\n          <ul>\n<li>Conversion Ratio: 10<\/li>    \n<li>Administration Fee: 1.50% p.a.<\/li>\n<li>Issuer: Leonteq Securities AG<\/li>\n<\/ul>\n        <\/template>\n          <\/SavedSearch>\n  <\/div>\n<div><ltq-button color=\"primary\" url=\"https://structuredproducts-ch.leonteq.com/news/all/crypto-expansion?language_id=1\" label=\"Click here to access the full product range on cryptocurrencies.\"> <\/ltq-button><\/div>\n<div>      <p>We look forward to answering all of your questions about our products and how they are traded. Please don't hesitate to get in touch! Phone: <a href=\"tel:+41588001111\">058 800 11 11<\/a>, email <a href=\"mailto:info@leonteq.com\">info@leonteq.com<\/a> or <a href=\"/contact\" title=\"Contact\">contact us here<\/a>.\n<\/p>\n  <\/div>\n<h5>Risk disclosure<\/h5>\n<p>Investments in products referencing one or more cryptocurrencies or indices of cryptocurrencies are subject to increased volatility compared to investments in traditional assets and to specific risks which can negatively impact the value, tradability,liquidity and/or security of such investments. Potential Investors are encouraged to inform themselves about these specific risks when considering an investment in products referencing one or more cryptocurrencies or indices of cryptocurrencies. A summary of key risks relating to products referencing one or more cryptocurrencies or indices of cryptocurrencies can be found <strong> <a href=\"https://structuredproducts-ch.leonteq.com/crypto-disclaimer\">here<\/a><\/strong>.<\/p>","url":"polygon","investmentThemeVerticalImageUrl":"https://structuredproducts-ch-pub-uat.leonteq.com/product-news/sidenav-banner/polygon-leonteq-structured-products_sidenav.jpg","thumbnailUrl":"https://structuredproducts-ch-pub-uat.leonteq.com/product-news/thumbnail/polygon-leonteq-structured-products_thumbnail.jpg"}