ERC-20 is the standard token for Smart Contracts. ERC-20 tokens can be exchanged, and they have value. They can also be sent or received. Non-Fungible Tokens are unique tokens that cannot be exchanged. ERC-20 tokens.

MATIC is by default an ERC-20 Token, which means that it can exist on both networks – Ethereum as well as Polygon – in the same form and shape. You will need a bridge to get these ERC-20s to the Polygon Network.