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DeFi News

The Sandbox Launches Bridge to Deploy LAND on Polygon

LAND holders can earn a 10m SAND cashback for each LAND they bridge to Polygon.

Written By Vismaya V
Published June 30, 2022 1:07 PM·Updated 1 year ago
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The Sandbox Launches Bridge to Deploy LAND on Polygon

The Sandbox, a popular metaverse platform, creates a bridge to enable users to move their LAND and native SAND tokens from layer-1 network Ethereum to layer-2 network Polygon.

🌉 We are ready to deploy LAND to @0xPolygon 🌉

🔸Each LAND bridged grants a 10 mSAND cashback!
🔸LAND multipliers on both mSAND staking programs are back!
🔸LAND sales and LAND staking features (on Polygon) are coming soon!

BRIDGE NOW ➡️ https://t.co/jlcSKxuBWh pic.twitter.com/1tuAAsqEZP

— The Sandbox (@TheSandboxGame) June 28, 2022

As per the announcement, “The Polygon Bridge is designed to increase interoperability between the Polygon and Ethereum blockchains.”

Now, LAND holders can earn a 10 mSAND cashback for each LAND they bridge to Polygon. 

mSAND is the new symbol for Polygon-based SAND tokens, and it has the same pricing as Ethereum-based SAND. 

The Sandbox will shortly launch two staking programs for LAND and mSAND, as well as a new drop of LAND sales on Polygon, as part of the bridge’s launch.

Also Read: The Sandbox & TIME bring “TIME Square” to the Metaverse

Polygon has underlined that doing SAND and LAND transactions on the platform will result in lower gas fees, faster transaction times, and greener blockchain interactions. 

Last week, Polygon achieved carbon neutrality by partnering with KlimaDAO by retiring $400k in carbon credits representing the entire CO2 emitted since its inception.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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