The wind of inscriptions has blown to Polygon, have you participated in the one-click mint?

Written by: Joyce, BlockBeats

Inscriptions can be considered one of the hottest topics recently. In addition to the significant wealth effect and the limited entry opportunities of Bitcoin inscriptions and Ethereum inscriptions, inscriptions from various public chains have also become the focus of community attention. Dogecoin chain inscriptions, Binance Smart Chain inscriptions, Litecoin inscriptions, BASE chain inscriptions, and others have been discovered one after another, and they already have their own secondary trading markets.

"As of now, the transaction volume on the Ethscriptions platform is 7000 ETH, with a floor price of 4032 USD. The initial cost on June 18 was less than 1 USD, and those who have stayed in the market from the beginning have already seen a return of 6000 times.

With the wealth effect of Bitcoin inscriptions and Ethereum inscriptions spilling over, other public chain 'RC20' tokens like ETHS may also become the next potential wealth codes."

Yesterday, the wind of inscriptions blew over to Polygon. On November 16, the Gas fees on the Polygon network surged. As of the time of writing, the Gas fee has exceeded 1800 gwei.

Behind the congestion of gas fees is the discovery by the community of the prc-20 pols (formerly known as matic, with the community becoming the Horseshoe Chain) deployed in May. According to evm.link, the total supply of pols is 21 million, with only 6.6% minted so far.

Having learned from the missed opportunity with sats, "minting a few for self-defense" has become the community's instinctive response. Compared to the higher costs of brc and erc, the straightforward pols can be considered suitable for newcomers to inscriptions. Thus, tutorials on minting pols quickly became a hot topic in the community. By clicking mint on evm.link, one can mint a pols for less than 0.05 matic.

The community also shared methods for bulk minting through the batch aggregation feature (which requires importing the wallet private key) and scripts.

According to dune data, there are currently over 50,000 holding addresses for pols, with more than 8 million pols inscriptions minted, up from 5 million just 5 hours ago.

The low gas fees on Polygon are seen by the community as an advantage for pols, and if all 21 million pols are minted, it could become the chain with the largest number of inscriptions among all EVM chains, including Ethereum. This easily reminds the community of the brc inscriptions sats, which gained widespread attention due to their impressive price increase.

However, it is precisely because of the low price of pols that only large-scale minting may yield decent returns, and gas fees have already multiplied several times. In this craze, it seems that "scientists" and miners may be the ultimate winners.