$MATIC Staking

The ratio of the amount of staked matic to the amount of matic in circulation(weekly)
\n
Matic staking ratio(weekly)
\n
What is MATIC?
MATIC is a native token of the Polygon network used to power the entire Polygon ecosystem. The token has different use cases in the Polygon ecosystem, including payment for transaction fees and staking. Users can also earn MATIC tokens by validating transactions or executing smart contracts on the Polygon network. This is done by offering some computational resources and services to the Polygon network to function as validators.
MATIC is also a governance token on the Polygon network. Users who own and stake MATIC can vote on the network upgrades, with each vote being equivalent to the amount of staked MATIC cryptocurrency.
MATIC tokens supply is limited, just like some other cryptocurrencies such as BTC. The supply of MATIC tokens is capped at 10 billion as per the platform’s rules.