Polygon Begins Token Swap, in Move to Allow More Issuance The migration from Polygon's MATIC token to POL will also bring in some tokenomics changes with a new emission rate of 2% annually.

The Biggest Ethereum Layer-2 Polygon has begun transitioning from MATIC to POL. This move aligns with the Polygon 2.0 plan, which aims to increase network functionality and scalability.

Polygon introduced last week the upgraded version the network's token, POL, migrating from its longstanding token MATIC with some tokenomics changes.

Polygon Labs, the driving force behind the layer-2 network Polygon (MATIC-USD), has set the wheels in motion for a significant upgrade slated for September 4. This move, as part of Polygon’s ...