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
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Fees, Staking, Governance
⮇
Complex tokenomics structure
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Part of the earlier Polygon branding
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Multiple roles and uses
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Governance mechanisms
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Transition to a more mature and robust native token for Polygon's growth and governance.
- #POL (AFTER)
Simplified functionality
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Primarily Staking & Governance
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Enhanced Scalability
⮇Increased security
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Better coordination
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Streamlined tokenomics for clarity
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Part of the new Polygon 2.0 rebranding
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Focused on staking and governing
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Enhanced governance for community input
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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
