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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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19-01-2022 14:28:30 (UTC+7)

EUR/USD

1.1348

+0.0022 (+0.20%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (5)

Sell (1)

EUR/USD

1.1348

+0.0022 (+0.20%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (5)

Sell (1)

GBP/USD

1.3623

+0.0029 (+0.21%)

Summary

Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (3)

Sell (4)

USD/JPY

114.26

-0.35 (-0.31%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (6)

AUD/USD

0.7223

+0.0041 (+0.57%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (7)

USD/CAD

1.2494

-0.0018 (-0.14%)

Summary

Neutral

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (2)

Sell (6)

EUR/JPY

129.65

-0.14 (-0.11%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (1)

EUR/CHF

1.0395

+0.0008 (+0.07%)

Summary

Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (3)

Sell (1)

Gold Futures

1,841.85

+29.45 (+1.62%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (7)

Silver Futures

24.212

+0.720 (+3.06%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

Copper Futures

4.4555

+0.0730 (+1.67%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Crude Oil WTI Futures

85.90

+1.07 (+1.26%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (4)

Sell (3)

Brent Oil Futures

88.50

+0.99 (+1.13%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (4)

Sell (3)

Natural Gas Futures

4.026

-0.257 (-6.00%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (7)

US Coffee C Futures

244.00

+4.40 (+1.84%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (7)

Euro Stoxx 50

4,268.28

+10.46 (+0.25%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (9)

Sell (0)

S&P 500

4,563.83

-13.51 (-0.30%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

DAX

15,809.72

+37.16 (+0.24%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (8)

Sell (0)

FTSE 100

7,589.66

+26.11 (+0.35%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (10)

Sell (1)

Hang Seng

24,127.85

+15.07 (+0.06%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (4)

Sell (0)

US Small Cap 2000

2,073.75

-22.87 (-1.09%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (9)

IBEX 35

8,774.90

-6.70 (-0.08%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (8)

BASF SE NA O.N.

67.800

+0.140 (+0.21%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (7)

Sell (1)

Bayer AG NA

52.12

+0.06 (+0.12%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (7)

Allianz SE VNA O.N.

223.80

-2.15 (-0.95%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (7)

Sell (1)

Adidas AG

253.60

-0.60 (-0.24%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (7)

Deutsche Lufthansa AG

6.820

-0.309 (-4.33%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (8)

Siemens AG Class N

144.34

+1.74 (+1.22%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (9)

Sell (0)

Deutsche Bank AG

11.784

-0.142 (-1.19%)

Summary

Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (5)

Sell (1)

 EUR/USD1.1348Neutral
 GBP/USD1.3623Sell
 USD/JPY114.26↑ Sell
 AUD/USD0.7223↑ Sell
 USD/CAD1.2494Neutral
 EUR/JPY129.65Neutral
 EUR/CHF1.0395Buy
 Gold1,841.85↑ Sell
 Silver24.212↑ Buy
 Copper4.4555↑ Sell
 Crude Oil WTI85.90↑ Buy
 Brent Oil88.50↑ Buy
 Natural Gas4.026↑ Sell
 US Coffee C244.00↑ Sell
 Euro Stoxx 504,268.28↑ Buy
 S&P 5004,563.83↑ Sell
 DAX15,809.72↑ Buy
 FTSE 1007,589.66↑ Buy
 Hang Seng24,127.85↑ Buy
 Small Cap 20002,073.75↑ Sell
 IBEX 358,774.90↑ Sell
 BASF67.800Buy
 Bayer52.12↑ Sell
 Allianz223.80Buy
 Adidas253.60↑ Sell
 Lufthansa6.820↑ Sell
 Siemens AG144.34↑ Buy
 Deutsche Bank AG11.784Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,115/ 6,155
(0/ 0) # 1,151
SJC HCM6,115/ 6,175
(0/ 0) # 1,171
SJC Hanoi6,115/ 6,177
(0/ 0) # 1,173
SJC Danang6,115/ 6,177
(0/ 0) # 1,173
SJC Nhatrang6,115/ 6,177
(0/ 0) # 1,173
SJC Cantho6,115/ 6,177
(0/ 0) # 1,173
Cập nhật 19-01-2022 14:28:32
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,842.12+27.641.52%
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$85.59+1.211.39%
Brent$87.68+0.780.89%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.530,0022.840,00
EUR25.086,6326.492,89
GBP30.098,2131.383,44
JPY192,29203,55
KRW16,4820,08
Cập nhật lúc 18:53:59 19/01/2022
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