Hermez Network deposits 4.5 million MATIC into SwissBorg
According to Spot On Chain monitoring, Hermez Network canceled its pledge 2 hours ago and deposited 4.5 million MATIC (3.81 million USD) into SwissBorg due to concerns from the Polygon Foundation about token distribution transparency. Polygon acquired the open-source ZK Rollup for 250 million USD in 2021, and Hermez Network still holds at least 39.92 million MATIC (34 million USD).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
What is altcoin season and why can these 5 coins grow 5x?
Polymarket platform is now unavailable for users in France
Sui Foundation Partners with Asset Manager Franklin Templeton
Cardano Jumps 215% After Major Breakout and Sets Sights on Higher Targets
Trending news
MoreCrypto prices
More
