- Polygon founder announced the launch of a new network token, POL.
- POL is set to be a massive technological upgrade compared to MATIC.
- The new token will allow staking across multiple chains without the risks linked with restaking.
On August 28, Polygon founder Sandeep Nailwal announced a huge upgrade, introducing a new token called POL. Nailwal establishes in his tweet that “POL is a massive technical upgrade to MATIC.”
POL is a massive technical upgrade to MATICPOL delivers the benefits of multi-chain staking without the added risks of restaking. With the Polygon 2.0 proposal, the Polygon Ecosystem will expand from a single chain to an ecosystem of L2s that can easily interoperate and share…— Sandeep Nailwal | sandeep. polygon