Hermez Network deposits 4.5 million MATIC into SwissBorg

According to Spot On Chain monitoring, Hermez Network cancelled its pledge and deposited 4.5 million MATIC ($3.81 million) into SwissBorg two hours ago due to concerns from the Polygon Foundation about token distribution transparency. The open-source ZK Rollup was acquired by Polygon for $250 million in 2021, and Hermez Network still holds at least 39.92 million MATIC ($34 million).