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Ethereum World News 2023-07-13 12:02:59

Polygon To Transition MATIC Tokens To POL Coins If Community Approves Roadmap 2.0 Update

The major technical upgrade is part of Polygon’s roadmap 2.0 and is subject to community approval. The new POL token would replace MATIC as Polygon’s native token and introduce Multichain validation across the L2’s ecosystem. Users will have at least four years to swap their MATIC for POL tokens by sending their old coins to a specific contract address. If the community approves, the project could initiate this upgrade over the next few months. Ethereum scaling network Polygon proposed switching

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