The Sandbox is ready to launch a LAND bridge to Polygon, the metaverse discovered in a tweet. The improve will come with many perks for LAND holders, together with staking characteristics and mSAND cashback!
Why is The Sandbox deploying LAND to Polygon?
The large metaverse task The Sandbox is building massive upgrades for all buyers – this time with its Polygon LAND bridge. In a tweet, the venture founders advised all LAND holders to transfer their electronic assets to Polygon – here’s why.
Up till now, all LAND collectibles from The Sandbox were being stored on the Ethereum layer 1. On the other hand, the Polygon community (layer 2) arrives with a lot quicker transactions and decreased gas charges.
Naturally, The Sandbox is encouraging deploying LAND to Polygon. For instance, holders will obtain a $10m SAND cashback for every LAND they bridge to Polygon! Additionally, the workforce also brought back the SAND staking functions, now by means of the Polygon network.
How can you use the Polygon Bridge?
In quick, the Polygon Bridge is a Evidence of Stake (PoS) system within The Sandbox. You can very easily use this bridge to transfer digital property concerning Ethereum layer 1 and Polygon layer 2.
To start out with, you need to enter your account in just the Sandbox. Future, find the “bridge” aspect and follow the step-by-stage guideline to transfer your electronic assets. Note that this course of action will not have an affect on the value, offer, or utility of your token.
To conclude, The Sandbox’s Polygon bridge characteristic is a key advantageous up grade for the neighborhood. Quickly enough, we’ll benefit from more quickly and less costly transactions for a smooth Metaverse expertise.
In the meantime, the job is up to other authentic-existence breakthroughs. Head above to our submit below to look at out the virtual version of TIME Sq. within just The Sandbox!