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Post #3282

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PostedJul 1307/13/2023, 10:31 AM
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Polygon has proposed upgrading MATIC to a multipurpose token called POL Polygon, the Ethereum scaling solution, has proposed a technical upgrade for its native $MATIC token, as part of its Polygon 2.0 roadmap. Pending community approval, $MATIC would be converted into Polygon $POL, a token capable of validating multiple chains within the Polygon ecosystem. The proposed $POL token is intended to operate across all Polygon protocols, including Proof of Stake (PoS), zkEVM and Supernets. The feature of POL, if approved, would be its ability to validate transactions across different chains, introducing a new level of interoperability between the various protocols within the network. Polygon has proposed a lengthy grace period of at least four years for token holders to complete the upgrade process. 🔗theblock.co/post/239350/polygon-upgrade-matic-tokens-to-pol Top 7 ICO socials:Telegram | Chat | Twitter