Polygon, a blockchain network, has partnered with BitGo, a crypto custody provider, to allow ERC-20 MATIC holders to stake their coins and earn rewards.
BitGo will also provide wallet and custody services for MATIC holders. This partnership is part of Polygon’s strategy to build strategic partnerships.
Recently, Polygon also successfully completed a hard fork called Delhi which aimed to reduce gas fees and address chain reorganization.
However, some community members raised concerns about the small number of validators who participated in the voting process. The governance facilitator at Polygon explained the details of the upgrade in a Twitter thread.