Odaily Planet Daily News As part of the Polygon 2.0 roadmap, Ethereum scaling solution Polygon has proposed a technical upgrade to its native MATIC token. Pending community approval, MATIC will be converted to Polygon (POL), with the POL token designed to run across all Polygon protocols, including Proof-of-Stake (PoS), zkEVM, and Supernet. The overall goal of the upgrade is to ensure the scalability of the ecosystem without compromising security. The upgrade plan from MATIC to POL is very simple. Token holders need to send their MATIC tokens to a specific smart contract, which will then return an equivalent amount of POL tokens. Polygon proposed giving token holders a grace period of at least four years to complete the upgrade process. (The Block)