#POLUSDT #POLCRYPTO The POL token is the upgraded version of Polygon's previous MATIC token, which was part of the Polygon 2.0 roadmap. The transition to POL began on September 4, 2024, replacing MATIC on a 1:1 basis as the main utility token for gas fees, staking, and governance within the Polygon ecosystem.
Key features of POL include:
1. Shared Security: Validators can now secure multiple chains simultaneously within the ecosystem.
2. Increased Validator Incentives: Validators will receive rewards for additional roles such as generating ZK (zero-knowledge) proofs.
3. Governance: POL holders will manage a community treasury, funding projects and initiatives within Polygon's ecosystem.
4. Total Supply: The total supply of POL remains the same as MATIC, at 10 billion tokens, with an annual 1% emission rate for staking rewards and treasury funding.
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