Sheesha Finance Polygon

Sheesha Finance has consistently promoted the importance of being a cross-chain, multi ecosystem-supported mutual fund. With users on both the Ethereum and Binance Smart Chain networks already enjoying the benefits of the Sheesha Finance platform, we have had a large demand from our community wanting to see support on the Polygon network as well. Our community has spoken, and we have listened, and are now incredibly excited to be able to announce our SHEESHA token launch on the Polygon network.

What is the Polygon Network?

Polygon is the leading interoperability Layer-2 scaling solution for building Ethereum-compatible blockchains. As the crypto industry anxiously awaits the much-needed upgrade to the Ethereum Network, Polygon has excelled in rising to the challenge and becoming the solution to the Ethereum scaling issue, resulting in providing users with a way of side-stepping the slow Ethereum transaction times and high network fees.

Polygon uses a Proof of Stake (PoS) system of validators for asset security and utilizes what is known as PoS checkpointing as a consensus mechanism. This means the consensus is ensured by a team of block producers appointed for each checkpoint by stakers on the Polygon network. These producers allow the system to form blocks at a much faster pace and for a fraction of the fees on the Ethereum network, yet is still able to maintain decentralization by delegating checkpoints to the Ethereum main chain. Resulting in the success of the Polygon Network, Polygon has exploded in adoption and use cases recently as it is a very effective, efficient and sustainable solution to the Ethereum scaling issue.