A group of Polygon founders and researchers have put forth a proposal to change the name of the network’s native asset, MATIC, to POL. The proposal would ensure the token’s use across all Polygon-based networks. Should the proposal be accepted, MATIC’s name will change to POL. Polygon’s MATIC Could Become POL A group of Polygon founders and researchers proposed a move that would allow POL to serve as a single token for all Polygon-based networks by suggesting a name change from MATIC token to POL. Among the Polygon-based networks are the Polygon Blockchain, Polygon zkEVM, and several supernets, which are application-specific blockchains that run on the main Polygon network. If the proposal is accepted, network validators will be able to support the operation of multiple chains using a single token. After the proposal for change, MATIC’s price increased by over 5%, reaching up to $0.78. The Proposal Opens Up More […]
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