Polygon upgraded its native POL token to enhance Ethereum scalability.
The upgrade introduces a re-staking protocol for multiple chain validation.
POL serves as the core token for Polygon’s multi-chain ecosystem.
Blockchain platform Polygon has implemented a major upgrade to its native POL token, unlocking new staking features designed to scale Ethereum for mainstream adoption.
According to an announcement from Polygon Labs, the upgraded POL token is now live on the Ethereum mainnet. This milestone caps months of development and testing on Polygon’s shift to become the backbone for Web3.
The POL token upgrade is now live on Ethereum mainnet.
Polygon 2.0, released this summer, is a roadmap for scaling Ethereum to build the Value Layer of the Internet. POL unlocks that future.
POL is a next-generation token that can power a vast ecosystem of ZK-based L2 chains.… pic.twitter.com/gmrsu0ZqLz
— Polygon (Labs) (@0xPolygonLabs) October 25, 2023
Polygon’s POL introduces re-staking p
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