Major Mainnet Update Scheduled for Polygon on September 4, 2024
The Dawn of a New Era: Polygon's Ambitious Move from MATIC to POL Picture this: a cryptocurrency network not just evolving but leaping forward, marrying innovation with community support to set new standards That’s precisely what’s on the horizon for Polygon, as it gears up for a monumental mainnet upgrade slated for September 4, 2024 This pivotal transition will see its native token transition from MATIC to POL, a move sanctioned by the community and poised to catapult the network’s functionalities into new heights POL to Replace MATIC for Fees and staking In the wake of the upgrade's completion, POL is set to become the primary token for facilitating gas fees and staking within the Polygon ecosystem Initially, POL will inherit the existing tokenomics of MATIC, including its distribution metrics and total supply, paving the way for a seamless transition that reassures users and developers alike...
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