MATIC$MATIC โ POL$POL All you need to know ๐
Polygon's a big step forward! ๐ MATIC is now POL.
This shift marks a significant upgrade for the Polygon network, transitioning to a more efficient and flexible token.
๐ธ Why the change?
POL is now the native gas and staking token for the Polygon proof-of-stake network. This means it's the fuel that powers transactions and secures the network.
๐ธ Easy migration! ๐
If you hold MATIC on Ethereum, you can seamlessly migrate to POL using the Polygon Portal at 1:1 rate
POL is designed to be hyper productive. This means it's more efficient and can support a wider range of applications. Plus, there's potential for future expansions, like governance and other utility functions.
๐ธ Why did $MATIC become $POL?
* Efficiency: Faster transactions, lower fees.
* Flexibility: Room for growth and innovation.
* Community-driven: Chosen by Polygon users.
* Unified network: Single token for all Polygon chains