After a year of extensive community discussions, Polygon developers announced that the migration of its MATIC token to POL was live.
This change introduces POL as the new ticker symbol for the native gas and staking token on the Polygon PoS chain. Exchanges are expected to list the upgraded token.
The transition to POL is a crucial component of Polygon’s development into a ZK chain and its integration with AggLayer, which aims to consolidate liquidity and state across multiple chains. POL will maintain MATIC’s existing tokenomics and a supply of 10 billion tokens.
This change introduces POL as the new ticker symbol for the native gas and staking token on the Polygon PoS chain. Exchanges are expected to list the upgraded token.
The transition to POL is a crucial component of Polygon’s development into a ZK chain and its integration with AggLayer, which aims to consolidate liquidity and state across multiple chains. POL will maintain MATIC’s existing tokenomics and a supply of 10 billion tokens.
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