Polygon Upgrades MATIC Token to POL: What Does It Mean?
- Polygon (MATIC) has completed a technical upgrade, replacing the MATIC token with POL on a 1:1 basis.
- POL will be the main gas and staking token on the network.
- The upgrade will allow the community to be more involved in the development of the network.
- POL promises to be a "hyper-productive" token, earning fees from various sources.
- The migration is complete on September 4, but MATIC holders have no hard deadline to upgrade.