Polygon to Launch Polygon Supernets Powered by Polygon Edge and Establish $100 Million Ecosystem Fund

Polygon announces a Polygon Supernets scaling solution based on Polygon Edge. The Polygon Supernet chain gives developers the ability to build their projects in a customizable environment without hosting or operational costs, the company announced Friday. Developers will be able to deploy their projects on either a Supernet Sovereign Chain or Supernet Shared Security Chain — the former is managed by a single validator, which reduces maintenance costs, whereas the latter offers an easier path to decentralization with professional validators staking $MATIC tokens to validate the network. Polygon is committing $100M for development and adoption of Supernets. The funds can be used for: development contracts and grants, research contracts and grants, third party integrations and partnerships, project onboarding and migration, liquidity mining, and acquisitions.