BlockBeats reported on August 29 that Polygon founder Sandeep Nailwal announced via social media that POL represents a massive technical upgrade from MATIC. This innovation enables multi-chain staking benefits without amplifying restaking risks.
Polygon 2.0 and POL’s Role
As part of the Polygon 2.0 roadmap, the ecosystem will evolve from a single chain to interconnected Layer 2 (L2) chains, with Polygon POS becoming one such L2. The POL token is designed to empower validators to take on diversified roles across multiple chains within the Polygon network.
Key advantages of POL:
- Multi-chain validation: Stake POL at a hub to validate any L2 chain.
- Enhanced rewards: Participate in auxiliary tasks (e.g., proof generation) for higher yields without re-staking assets.
Dual Innovations in Restaking
POL introduces groundbreaking features in restaking:
- Encapsulated Restaking: Eliminates reliance on third parties.
- Extended Security: Secures not just chains but also aggregation layers (Agg) and Data Availability Committees (DAC).
Why POL Stands Out
POL’s architecture supports:
- Scalability: Validators can seamlessly operate across multiple chains.
- Flexibility: Stakeholders earn rewards for diverse network activities.
👉 Discover how POL redefines staking mechanics
FAQ
Q1: How does POL differ from MATIC?
A1: POL is a technical upgrade enabling multi-chain staking and expanded validator roles, whereas MATIC was limited to single-chain operations.
Q2: What risks does POL mitigate?
A2: POL reduces restaking risks by encapsulating stakes and avoiding third-party dependencies.
Q3: Can POL be used beyond chain security?
A3: Yes, POL also secures aggregation layers and decentralized components like DACs.
Q4: When will Polygon 2.0 launch?
A4: The rollout is ongoing, with L2 chains phased in progressively.