Polygon Labs Proposes To Replace MATIC With POL Token

Polygon Labs Proposes To Replace MATIC With POL Token

In a recent development, Polygon Labs has unveiled a proposal to upgrade its native token, MATIC, to a new token called POL. The announcement, made through a blog post, introduces POL as a next-generation protocol token that aims to become a major driving force for the coordination and growth of the ecosystem, positioning it as the Value Layer of the Internet.
Polygon: MATIC Becomes POL
The proposal, outlined in a comprehensive white paper by a group of Polygon founders and researchers, introduces POL as a third-generation native asset, characterized as a hyperproductive token. According to them, POL enhances the functionality of native tokens by allowing validators to validate multiple chains and enabling each chain to offer multiple roles and corresponding rewards to validators.
1/ Today, the next technical proposal of Polygon 2.0 is unveiled:
POL, the upgraded token of the Polygon protocol!
POL is the next generation native token, designed to secure, align and grow the Polygon ecos

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