The Ethereum (ETH) layer-2 (L2) scaling solution Polygon (MATIC) network has proposed three changes for the upcoming Polygon 2.0 upgrade.
In its post published on the official blog site on September 14, Polygon Labs stated that the information was first announced in June. Polygon 2.0 within the scope of the upgrade three offers announced that it was published. These proposals were the first package of proposals for the 2.0 upgrade
first offer “PIP-17”, Used for transaction fee payments during transactions in the Polygon ecosystem. MATIC replaced by POL mentioned. POL can also be used for staking transactions and MATIC 1:1 ratio It was stated that it would support the transformation. According to the description POL, zk (zero information) based layer-2 It represents a new generation token consisting of chains.
We passed the proposal for conversion of Polygon MATIC to POL. July in the middle of the month had published.
From offers “PIP-18” the second called of Polygon 2.0 summarized the initial phase. With the launch of this offer, end users and developers during transition It was stated that it would ensure that he/she would not have to take any special action.
final offer “PIP-19” while converting MATIC to POL on the network. maximum compatibility It was founded on catching. After the transition of this offer to POL token It aims to remove the need to change smart contracts was expressed.
Polygon Labs says the 2.0 upgrade end of 2023, beginning of 2024 Although he said that it was planned to be held between an exact date yet with users not shared.
According to CoinGecko data 24 hours in 2.1% gaining value MATIC, as of writing $0.521 It is traded at .