The Polygon team announced via a blog post on Tuesday that Bebop, a new decentralized trading platform that offers ‘one-to-many’ and ‘many-to-one’ digital asset trading with zero slippage, has launched on Polygon. Bebop enables the swapping of one token for a portfolio of tokens or several different tokens for just one, all in a single transaction. Polygon explained that Bebop gives users an advantage in fast-moving markets by allowing them to enter or exit multiple positions at once while saving money on network fees.
Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. MATIC is down by 12% in the last 24 hours and is currently trading at $0.9883.