Migrating MATIC tokens to POL will involve transferring the MATIC tokens to a specified smart contract.
As the initial excitement faded quickly, the number of new addresses joining the Polygon network declined.
Polygon, a layer-2 network constructed upon the Ethereum blockchain, intends to overhaul the tokenomics of its native token, Matic. This move is integral to the network’s broader initiative known as “Polygon 2.0.”
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 ecosystem.
Watch the video to get an idea how cool it is, then pic.twitter.com/Gn7KcHpWEY
— Polygon (Labs) (@0xPolygonLabs) July 13, 2023
A select group of the network’s founders and researchers have put forth a proposal for this alteration. The company has published a white paper elaborating on the redesigned concept, outlining the network’s strategy
