Exciting news from Polygon's group of blockchain founders and researchers!
They are proposing a network token upgrade to replace MATIC with POL. Imagine how this will improve the efficiency and consistency of all networks built on top of Polygon!
We're talking about the incredible Polygon zkEVM, supernetworks, and innovative decentralized applications (dApps) that are glorifying the blockchain.
🤯According to the latest data, the MATIC rate has increased by an exciting 4%!
Now it reaches $0.76, and the market capitalization pleases us with the figure of $7.12 billion. As a result, this fantastic virtual currency has prevailed over TRON (TRX) and confidently took 11th place in the ranking of the best cryptocurrencies. It should be noted that daily transaction volumes reached an impressive $360.25 million.
💡Imagine, all network validators will be able to proudly support multiple chains using the new and attractive POL token. Oh, this will be such a simple technical update from MATIC!
The developers of this protocol confirm this. They claim that you just need to send MATIC to a special update smart contract, and the equivalent amount of POL assets will automatically be returned to you🤩
⌛️But take your time!
Cryptocurrency holders will have plenty of time to convert their digital assets. According to our sources, the term will be at least 4 years if the community votes for an additional extension.
This might be the perfect chance for you!🤯
💥It’s great that each Polygon subnet will have the opportunity to make its own decision regarding the choice of token for gas payment. Whether it's the stunning POL or the position-holding MATIC. Asset owners will be able to use POL to vote on the governance of decentralized applications. Oh yeah! And don't forget that all staking rewards and other forms of passive income will also be paid in this fabulous digital asset.