PSA – Poly Network is not the same thing as Polygon (MATIC)

I see a lot of confusion surrounding this and as a big proponent of Polygon I want to make this quick post. Poly Network is a defi site that suffered a big $600m hack today. It allows swaps on BSC, Ethereum and Polygon networks.

It is not related to MATIC (Polygon.)

This does NOT mean that there is anything wrong with your MATIC or that panic selling will ensue. The two have similar names but are NOT related to each other.