Polygon Proposes Upgrading MATIC to POL
Polygon, an Ethernet Layer 2 development company, has proposed upgrading the MATIC token to a multi-purpose token that can be used to validate multiple chains.The proposed technical upgrade of MATIC is subject to approval by the Polygon community. Once approved, the MATIC upgrade to a multi-purpose token will be renamed POL. The POL utility will cover all Polygon protocols, including Polygon PoS, zkEVM and Supernets.
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