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 venture The Sandbox is making enormous upgrades for all customers – this time with its Polygon LAND bridge. In a tweet, the venture founders suggested all LAND holders to switch their digital belongings 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 staff 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 may simply use this bridge to switch digital belongings between Ethereum layer 1 and Polygon layer 2.
To start with, it’s essential to enter your account throughout the Sandbox. Subsequent, discover the “bridge” function and comply with the step-by-step information to switch your digital belongings. Observe 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 clean Metaverse expertise.
In the meantime, the venture is as much as different real-life breakthroughs. Head over to our put up right here to take a look at the digital model of TIME Sq. inside The Sandbox!