Hermez Network deposits 4.5 million MATIC into SwissBorg
By:Cointime
According to Spot On Chain monitoring, Hermez Network canceled its pledge 2 hours ago and deposited 4.5 million MATIC (3.81 million USD) into SwissBorg due to concerns from the Polygon Foundation about token distribution transparency. Polygon acquired the open-source ZK Rollup for 250 million USD in 2021, and Hermez Network still holds at least 39.92 million MATIC (34 million USD).
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