Changes b/w $MATIC - $POL : Simplified Functionality -> Clarity in Tokenomics -> Rebranding -> A New Name -> Focus on Staking and Governance -> Enhanced Governance -> Future-Vision -> Matic To Pol
Why MATIC to POL ?Why MATIC to POL ?
Difference Before and After Transition :
- #MATIC (Before)
Multi-purpose token
âź
Fees, Staking, Governance
âź
Complex tokenomics structure
âź
Part of the earlier Polygon branding
âź
Multiple roles and uses
âź
Governance mechanisms
âź
Transition to a more mature and robust native token for Polygon's growth and governance.
- #POL (AFTER)
Simplified functionality
âź
Primarily Staking & Governance
âź
Enhanced Scalability
âźIncreased security
âź
Better coordination
âź
Streamlined tokenomics for clarity
âź
Part of the new Polygon 2.0 rebranding
âź
Focused on staking and governing
âź
Enhanced governance for community input
âź
vision - "Value Layer of the Internet," providing a solid foundation for the network's future.
Upgrade In #pol
⏠Enhanced Scalability
⏠Security Enhancements
⏠Attractive Validator Incentives
⏠Community Treasury
⏠Transparency & Community Governance
⏠Simplified Migration
⏠Long Migration Window
⏠Strong Economic Support
⏠Supernets Adoption
⏠Model Validation
⏠Attractive Returns
⏠Strong Ecosystem Support
In #Matic
⏠Less Scalable
⏠Traditional Security
⏠Standard Validator Rewards⏠Centralized Foundation Support
⏠Limited Community Involvement
⏠Complex Migration Process
⏠Short Migration Window
⏠Fixed Supply
⏠Less Diverse Ecosystem
⏠Limited Performance Validation
⏠Uncertain Economic Support