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About Polygon Ecosystem Token
POL (formerly MATIC) is the native ecosystem and utility token for the Polygon network. As a hyperproductive token, it serves as the primary gas token for the Polygon Proof-of-Stake (PoS) network and the AggLayer. It is integral to securing the network through staking and supporting Polygon's multi-chain vision of interoperability and scalability for Ethereum. In September 2024, the MATIC token underwent a migration to POL to facilitate the next generation of Polygon's infrastructure, powering the security and operation of billions in total value locked across the ecosystem.
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Recent Polygon Ecosystem Token news
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COINDESK: Movement pivots to stablecoin payments as the layer-2 boom loses momentum
THE BLOCK: Hamilton Lane's tokenized HLSCOPE fund launches on Tron, marking first Securitize product issued on the once-maligned blockchain
CNBC: Polymarket closes its first block trade as prediction markets push for Wall Street adoption
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