Polygon Labs on Wednesday announced that the POL token upgrade is now live on the Ethereum mainnet as part of the Polygon 2.0 roadmap. The POL token will replace the MATIC token as Polygon’s next-generation hyperproductive ecosystem which includes the main Polygon blockchain, the Polygon zkEVM network, and various supernets.
POL Token Contacts Is Live On Ethereum Mainnet
Polygon Labs in a press release on October 25 revealed that POL token upgrade is now live on the Ethereum mainnet. As part of the Polygon 2.0 roadmap, the new POL token will replace the MATIC token as the ecosystem’s native token.
“Today marks a major milestone on the Polygon 2.0 journey toward building the Value Layer of the Internet. The upgrade to POL has been initiated on Ethereum mainnet, after months of development, community consultation and a successful testnet launch.”
POL token will power all Polygon networks — the main Polygon blockchain, the Polygon zkEVM network, and various supernets.
POL upgrade also prepares for the next milestones in the Polygon 2.0 roadmap. It includes the launch of a new staking layer to power Polygon L2, upgrade Polygon PoS to zkRollup, and implement an advanced, ZK-powered interoperability and shared liquidity protocol.
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