Polygon to Start Much-Awaited Swap of POL Token for Longstanding MATIC

Polygon to Start Much-Awaited Swap of POL Token for Longstanding MATIC

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Source: Coindesk.com

Polygon, a layer-2 network atop the Ethereum blockchain, will activate an upgrade on Wednesday that swaps out its longstanding MATIC token for a new POL token, allowing for more flexibility on issuance of new supply.

While the planned switchover has been well-telegraphed, the changeover could be closely monitored, since the token is widely held across crypto investor

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The post "Polygon to Start Much-Awaited Swap of POL Token for Longstanding MATIC" appeared first here Coindesk.com.

Source: Coindesk.com

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