Polygon’s MATIC Proposal Moves The Price!

Popular, ranked 12th by market value altcoin polygon A new upgrade is recommended for

According to the news of Coindesk, a group of Polygon founders and researchers are using the local token of the Polygon network. MATIC‘of POL suggested an upgrade to be changed to .

If this upgrade is approved, the Polygn network token, MATIC, will change to POL and POLwill become a multi-purpose token that can be used to authenticate multiple Polygon-based networks.

If this proposal is approved, network validators will also be able to support the operation of multiple chains using a single token (POL).

It was stated that upgrading MATIC to POL would be simple. In your hand MATIC Users with tokens need to send their MATIC to a specific smart contract that will convert an equivalent number of POL tokens.

This upgrade is expected to be completed in four years or more, indicating that users will have ample time to convert their MATIC to POL.

After the upgrade news Polygon (MATIC) It rallied about 3.15% and reached as high as $0.7535. MATIC is trading at $0.7480 at the time of writing.

*Not investment advice.

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