Altcoins News

Polygon Ecosystem Token (POL) Contracts are now Live on Ethereum Mainnet

Published

6 months ago

October 25, 2023

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.

The POL token upgrade is now live on Ethereum mainnet.

Polygon 2.0, released this summer, is a roadmap for scaling Ethereum to build the Value Layer of the Internet. POL unlocks that future.

POL is a next-generation token that can power a vast ecosystem of ZK-based L2 chains.… pic.twitter.com/gmrsu0ZqLz
— Polygon (Labs) (@0xPolygonLabs) October 25, 2023

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.

Disclaimer: Koinalert’s content is only for information purpose in nature and should not be considered as investment advice. Do your own market research before investing in any cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.