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The POL token, now the native token of the Polygon network, has a history rooted in the Matic Network. Founded in 2017, the Matic Network aimed to solve Ethereum's scalability issues. After an IEO on Binance in 2019, the project rebranded to Polygon and focused on Web3 development. The native token, initially called MATIC, was upgraded to POL in a significant upgrade on October 2023, with the transition officially completing on September 4, 2024. POL serves as the gas and staking token for Polygon PoS, facilitating network expansion and security.
Key Milestones:
2017: The Matic Network, later Polygon, was founded by Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic to address Ethereum's scalability.
2019: The MATIC token was launched via an IEO on Binance.
October 2023: A significant upgrade began the process of changing the native token from MATIC to POL.
September 4, 2024: The transition to POL was completed.
Functionality of POL:
Gas and Staking Token:
POL is used for paying transaction fees and is staked by validators to secure the network.
Governance:
POL allows holders to participate in network governance by voting on upgrades and changes.
Emissions Model:
POL supports sustainable growth through a unique emissions model, funding community-driven initiatives.
Hyperproductivity:
POL can be used to secure multiple chains within the Polygon network, enhancing scalability.

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In trading/investing, it's not about how much you make but rather how much you don't lose.” - ...
“Do more of what works and less of what doesn't”. - ...
“I have two basic rules about winning in trading as well as in life: 1. ...
“If you personalise losses, you can't trade.” -
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ALL READY COMING SOON ONE BIG UPDATE

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Notice on the Discontinuation of Uzbekistani Som (UZS) Support on Binance P2P
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance P2P will no longer support Uzbekistani Som (UZS) and the following trading pairs: USDT/UZS, USDC/UZS, BTC/UZS, FDUSD/UZS, BNB/UZS and ETH/UZS, starting from 2025-05-26 19:00 (UTC).
Fiat channels via HUMO for transactions involving the Uzbekistani Som (UZS) will resume within two hours after the aforementioned trading pairs have been disabled.
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