Polygon contracts for POL tokens are now live on the Ethereum network. This marks a major milestone towards the Polygon 2.0 journey towards the Value Layer of the Internet.
Basically, Polygon 2.0 is a roadmap for scaling Ethereum to build the Value Layer of the Internet. The upgrade has been initiated on the Ethereum network after months of development, community consultation and a successful testnet launch.
According to the official blog post, “POL is a next-generation token that can power a vast ecosystem of ZK-based L2 chains. It does that via a native re-staking protocol that allows POL holders to validate multiple chains and perform multiple roles on each of those chains, turning POL into a hyperproductive token.”
The contract address for the POL token on the Ethereum network is https://etherscan.io/address/0x455e53CBB86018Ac2B8092FdCd39d8444aFFC3F6
At press time the price of MATIC token is $0.6338 with a market cap of $5,901,217,456 USD. The 24h low and high of MATIC token is $0.6163 and $0.6544 respectively.
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