The Sandbox is able to launch a LAND bridge to Polygon, the metaverse platform revealed in a tweet. The improve comes with many perks for LAND holders, together with staking options and mSAND cashback!
Why is The Sandbox deploying LAND to Polygon?
The enormous metaverse mission The Sandbox is making big upgrades for all customers – this time with its Polygon LAND bridge. In a tweet, the mission founders suggested all LAND holders to switch their digital property to Polygon – right here’s why.
Up till now, all LAND collectibles from The Sandbox had been saved on the Ethereum layer 1. Nonetheless, the Polygon community (layer 2) comes with sooner transactions and decreased gasoline charges.
Clearly, The Sandbox is encouraging deploying LAND to Polygon. For instance, holders will obtain a $10m SAND cashback for every LAND they bridge to Polygon! Moreover, the workforce additionally introduced again the SAND staking options, now by way of the Polygon community.
How are you going to use the Polygon Bridge?
Briefly, the Polygon Bridge is a Proof of Stake (PoS) mechanism inside The Sandbox. You possibly can simply use this bridge to switch digital property between Ethereum layer 1 and Polygon layer 2.
To start with, you need to enter your account inside the Sandbox. Subsequent, discover the “bridge” function and observe the step-by-step information to switch your digital property. Be aware that this course of will not have an effect on the worth, provide, or utility of your token.
To conclude, The Sandbox’s Polygon bridge function is a significant useful improve for the neighborhood. Quickly sufficient, we’ll profit from sooner and cheaper transactions for a easy Metaverse expertise.
In the meantime, the mission is as much as different real-life breakthroughs. Head over to our publish right here to take a look at the digital model of TIME Sq. inside The Sandbox!