Polygon Ecosystem Token Price (POL)

Polygon Ecosystem Token (POL) Price Now

Polygon Ecosystem Token price today is $0.6893 with a 24-hour trading volume of $114,479. POL price is up 4.76% in the last 24 hours. It has a circulating supply of 156.79Mil POL tokens and a total supply of 10.15Bil.
In order to search for real-time and historical information about Polygon Ecosystem Token (POL) blockchain, including data related to blocks, transactions, addresses, and more, you may use Polygon Ecosystem Token (POL) block explorers. Here are some of the most popular and useful Polygon Ecosystem Token (POL) blockchain explorers out there:

• etherscan.io

What Is Polygon Ecosystem Token(POL)?

POL is the next generation protocol token, designed to become the major tool for coordination and growth of the Polygon ecosystem and the main driver of the vision of the Value Layer for the Internet.

The vision behind Polygon as the Value Layer of the Internet is to usher a world in which value can be created and exchanged freely and globally, similarly to how we create and exchange information today. A world which enables new – fairer, more inclusive and more efficient – forms of human organizations and governance. We strongly believe that realizing this vision can significantly advance our society.

In order to make this ambitious vision a reality, Polygon’s infrastructure must improve. Specifically, it must become exponentially more scalable, without sacrificing security and user experience.

What is the Utility of POL Token?

• Validator staking;
• Validator rewards;
• Community ownership, i.e. governance.

Will POL be used for gas fees?

‍Every Polygon chain’s community can decide which token will their chain use for gas fees; some of them might choose POL. As a result of the upgrade, Polygon PoS chain would become one of them. That being said, using ETH for gas fees provides significant UX benefits for Layer 2 chains, which subsequently leads to higher adoption and more fees for validators. 

Is POL a new token? What happens to MATIC, will both exist? 

Practically speaking, POL is an upgrade and renaming of the MATIC token. From the protocol viewpoint, MATIC and POL would not and can not coexist; POL can only replace MATIC.

Is there anything I need to do today as a Polygon PoS, Polygon zkEVM user or MATIC holder?

Nothing. This upgrade does not change active systems on either the Polygon PoS or Polygon zkEVM networks at this time. All existing contracts will function as previously designed. 

Is there anything I need to do today as a node operator or staker?

Nothing. You can provide feedback on the proposed changes in the PIPs and monitor Github and the forum for new node software versions to remain compatible with your given chain when PIPs are approved by the community.

Is there anything I need to do today as an application or tooling developer?

Nothing. Please review the relevant PIPs, provide feedback on the proposed changes and analyze if any changes break your smart contracts. Developers for applications on the Polygon PoS should not see any breaking changes.

Where Can You Buy Polygon Ecosystem Token(POL)?

Investing in Polygon Ecosystem Token can seem complicated, but it is much easier when you buy Polygon Ecosystem Token through cryptocurrency exchange. Signing up for a cryptocurrency exchange will allow you to buy, sell, and hold Polygon Ecosystem Token — both for fiat money and other cryptocurrencies. Some of the most popular Polygon Ecosystem Token cryptocurrency exchange are:

• Bybit
• Uniswap (V3)

Please check Polygon Ecosystem Token(POL) token address If you want to buy or sell Polygon Ecosystem Token(POL) on dex exchange. Beware of scams!
Click here to view Polygon Ecosystem Token(POL) price in different crypto exchanges.

Polygon Ecosystem Token (POL) Community

• Twitter: https://twitter.com/0xPolygon
• Discord: https://discord.com/invite/XvpHAxZ
• Reddit: https://reddit.com/r/maticnetwork
• Telegram 1: https://t.me/polygonofficial
• Telegram 2: https://t.me/PolygonAnnouncements

What is Polygon Ecosystem Token (POL) Contracts address?

• Ethereum: 0x455e53CBB86018Ac2B8092FdCd39d8444aFFC3F6