$90,439.00
-0.96%$3,125.88
0.70%$217.45
-0.34%$622.11
0.20%$1.11
24.75%$0.36378
-3.90%$0.998735
-0.11%$3,118.88
0.64%$0.741245
3.90%$0.199515
4.14%$5.67
5.01%$35.23
6.07%$0.00002451
-3.45%$3,719.52
1.38%$90,358.00
-0.83%$3.77
2.85%$471.39
8.97%$3,130.48
0.93%$14.59
5.35%$0.00002094
-10.14%$5.87
12.99%$5.93
7.04%$7.66
-0.04%$93.57
10.95%$12.31
3.16%$0.210749
46.70%$3,298.95
1.02%$9.20
7.19%$0.99383
-0.14%$9.38
8.05%$29.36
26.64%$0.160743
-7.05%$508.22
-2.31%$0.144915
5.95%$3.57
-8.14%$0.437362
16.90%$1.31
1.59%$0.00004832
8.94%$0.085286
15.37%$1.001
-0.03%$22.22
-0.43%$2.00
6.51%$4.76
13.57%$0.708449
16.34%$150.89
4.94%$6.98
-1.37%$45.66
3.64%$0.998375
-0.33%$26.12
6.66%$6.51
22.70%$2.82
12.45%$0.751916
2.33%$169.26
2.02%$0.03042314
14.59%$0.00024763
-6.28%$1.36
6.28%$0.527501
12.67%$1.78
11.78%$5.17
4.71%$0.740771
4.71%$0.203065
8.06%$1.39
0.40%$5.63
1.37%$3,129.00
0.62%$0.170748
-7.99%$1.71
-8.72%$3,511.59
1.56%$1.62
-8.41%$0.193677
5.41%$0.558926
2.68%$0.428215
0.96%$1.14
-0.09%$1.54
12.54%$2.33
-0.20%$5.15
7.89%$3,267.91
0.50%$90,382.00
-1.01%$3,210.54
1.21%$71.36
9.62%$0.983089
8.30%$1,525.85
6.14%$90,553.00
-0.85%$11.02
1.98%$9.82
2.71%$85.72
30.85%$1.22
3.39%$0.02300638
24.49%$18.36
2.24%$0.03016247
13.25%$269.98
0.45%$0.02147991
2.62%$0.00000114
4.06%$0.02268937
9.94%$1.22
3.55%$0.681938
6.92%$6.09
2.50%$0.00000265
-7.61%$0.435173
16.05%$3.08
-0.62%$3,133.84
1.22%$0.668459
12.90%$0.0110992
-8.82%$0.469065
3.62%$89,961.00
-1.63%$0.00004837
9.31%$1.36
-3.99%$1.32
5.54%$0.990901
5.81%$12.99
11.93%$5.89
11.11%$90,321.00
-0.80%$0.373964
27.74%$32.23
11.73%$5.41
2.81%$11.04
-7.06%$90,298.00
-0.77%$0.867481
14.96%$230.32
0.18%$0.768759
0.55%$0.00206558
-7.39%$3.32
-1.86%$1.13
3.46%$0.690821
8.48%$0.140412
7.26%$38.70
-1.33%$1.25
2.96%$0.419343
19.32%$0.00762697
0.52%$0.996287
-0.21%$0.363947
-4.33%$0.157862
5.68%$3,129.03
0.78%$3,218.26
0.85%$0.00704926
43.27%$0.04711986
51.99%$0.01011071
-6.28%$0.250044
5.50%$0.074425
10.02%$44.67
15.90%$259.25
3.40%$0.995023
-0.25%$0.752906
9.86%$2.12
2.70%$3,134.64
1.02%$0.678001
3.85%$2,561.55
-0.17%$18.71
9.59%$0.00011366
9.99%$0.00891116
-5.64%$2.48
-8.98%$1.34
5.64%$0.632756
-14.59%$0.01345545
4.69%$34.34
10.20%$1.31
5.15%$221.31
0.35%$0.169313
8.91%$0.084487
6.12%$3,393.69
0.89%$1.70
8.14%$0.14999
3.73%$0.557334
-10.94%$0.549697
-5.83%$1.95
5.33%$1.087
3.28%$0.552827
-15.62%$0.081201
-1.18%$1.49
4.18%$0.999062
-0.07%$0.260488
8.08%$90,458.00
-0.84%$9.18
3.06%$0.00000025
-4.14%$3,140.08
1.07%$4.29
-0.17%$0.00147721
-7.84%$2,562.39
-0.12%$0.997543
-0.08%$0.00000049
1.88%$3,126.67
1.07%$53.81
11.08%$0.063917
7.09%$0.159461
5.95%$0.256562
6.21%$2.50
1.88%$0.430805
7.83%$0.0483933
-4.51%$88,939.00
-2.59%$0.07084
21.22%$90,442.00
-0.62%$3,132.06
0.77%$9.03
7.35%$0.01419523
-5.19%$1.046
-1.55%$0.05312
2.61%$0.997463
-0.26%$3,138.42
1.17%$0.339653
16.84%$0.373081
40.54%$3.70
4.34%$0.983707
-0.37%$98.53
-0.92%$0.0212244
15.98%$11.35
7.11%$3,366.55
1.33%$0.997056
0.49%$0.00500261
13.18%$6.60
6.39%$0.00123836
10.35%$0.316147
9.03%$0.00
-4.54%$1.065
-0.25%$0.04205942
3.73%$0.00748189
4.24%$3,277.13
3.89%$0.742223
-1.28%$0.02239433
-18.50%$3.53
6.16%$0.00211448
3.84%$0.673014
8.39%$3,459.09
1.50%$0.998313
-0.51%$0.883791
11.76%$1,821.72
-0.65%$0.52411
11.81%$0.356669
4.71%$29.89
6.87%$2.78
-0.91%$1.66
2.12%$0.999344
-0.03%$22.35
11.01%$41.27
6.75%$0.00005139
5.47%$90,359.00
-0.78%$3,322.72
1.12%$0.03449653
1.55%$1.64
6.64%$0.339277
16.11%$0.399257
10.15%$0.378219
9.78%$0.00064647
-0.44%$3.18
10.64%$0.30152
11.88%$5.11
12.51%$0.675465
1.85%$0.03273223
4.29%$89,886.00
-0.58%$0.597413
0.03%
With a newly redesigned system's architecture, the team behind Polygon is now looking to launch an upgraded token to christen the upgrade.
Called POL, Polygon has dubbed the token a "3rd generation token" after Bitcoin and Ethereum. In terms of function, the new Polygon token will let POL holders also become validators within the network, allowing them to validate any number of chains and networks that Polygon is seemingly spawning every day.
Importantly, this token is an upgrade from the MATIC token, which will be deprecated as part of the move.
1/ Today, the next technical proposal of Polygon 2.0 is unveiled:
POL, the upgraded token of the Polygon protocol! 💫
POL is the next generation native token, designed to secure, align and grow the Polygon ecosystem.
Watch the video to get an idea how cool it is, then 🧵 pic.twitter.com/Gn7KcHpWEY
— Polygon (Labs) (@0xPolygonLabs) July 13, 2023
The Polygon team will share more details of the token's smart contracts in a yet-to-be-posted Polygon Improvement Proposal (PIP).
"The upgrade from MATIC to POL would require a simple technical action – sending MATIC to the upgrade smart contract, which will automatically return the equivalent amount of POL," Polygon said in a statement shared with Decrypt. "Token holders would be given ample time to upgrade, e.g. 4 years or more. If the community consensus is gathered in support of this proposal, the migration could start within months."
Polygon is pivoting to become a sort of network of networks built to help scale Ethereum.
The vision, first laid out last month, has been termed Polygon 2.0 and paints a picture of multiple Polygon-based chains, bridges, and the integration of privacy-enhancing zero-knowledge (ZK) proofs.
"The vision for Polygon 2.0 is to create the Value Layer of the Internet," Polygon co-founder Mihailo Bjelic said at that time. "In the same way that the Internet allows anyone to create and exchange information, the Value Layer will allow anyone to create, exchange, and program value.”
