A New Token Suggestion From Polygon Instead of MATIC, Price Moves!

Popular Ethereum (ETH) layer 2 scaling solution Polygon has proposed a notable upgrade for its native token, MATIC.

The Polygon developer team released the community today as part of an upgrade to MATIC. POL to a token named to be converted suggested. Polygon 2.0 roadmap The overall purpose of this upgrade, made as part of without sacrificing security of the ecosystem increase scalability was launched.

POL token Proof of Stake (PoS), zkEVM And supernets Compatible with all Polygon protocols including ability to work and verify will be.

This new design secures, coordinates and enables the Polygon ecosystem to grow further, while providing practically unlimited opportunities for POL holders.

In a statement made by the developer team to The Block, the upgrade if approved by the community Between various protocols of POL in different networks a new level of interoperability said to bring.

On the other hand, for MATIC holders to convert their assets to POL A long period of 4 years will be recognized. In order for MATIC holders to carry out conversion transactions, send to smart contract This contract will then convert and send an equivalent number of POL tokens to the wallet owner.

CoinGecko moving with the development according to the data MATICin a short time 5.44% catching the rise $0.730 to $0.770 reached. MATIC at the time of writing from $0.758 is being traded.

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