$POL The information about POL token (Polygon Ecosystem Token) is as follows:
• Definition and Function:
• POL token is an upgraded version of MATIC token, serving as the native token and governance token of the Polygon ecosystem. The POL token aims to protect, coordinate, and develop the Polygon ecosystem, with its utility covering all Polygon protocols, including Polygon PoS, zkEVM, and Supernets.
• Trading Platforms:
• POL token has been listed on multiple exchanges, including OKEx, Binance, and Sesame Credit.
• Market Performance:
• POL token's price soared over 35% during active trading, demonstrating strong market performance.
• Supply:
• The initial issuance of POL tokens is 10 billion, with an annual release rate of 2% (adjustable based on community consensus).
• Fork History:
• POL token is an upgrade from the MATIC token, and MATIC holders on the Polygon network will automatically convert to POL at a 1:1 ratio.
• Application Scenarios:
• POL token will support a broader role in the Polygon staking hub, including block generation, zero-knowledge proof generation, and participation in the Data Availability Committee (DAC).
• Project Features:
• The design of the POL token aims to support the infinite scalability of the Polygon network, allowing protocol participants to scale up while supporting thousands of Polygon chains without sacrificing security.