Polygon releases proposals on 2.0 upgrade and POL token migration

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Polygon releases proposals on 2.0 upgrade and POL token migration
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Ethereum scaling project Polygon has proposed changes, including the POL token, for its upcoming Polygon 2.0 upgrade.

The developers behind Polygon have published three proposals to implement the Polygon 2.0 upgrade.

Among the proposals include creating a POL token, set to replace the MATIC token in various capacities.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.The Ethereum scaling project, Polygon, has officially proposed changes for its upcoming Polygon 2.0 upgrade.

Initially introduced in June, Polygon 2.0 aims to establish a comprehensive network of interconnected Layer 2 chains, driven by zero-knowledge proofs. Today, Polygon Labs released three Polygon Improvement Proposals that detail the outline of the transition, specifications for the upgradedThe team has asked the community to provide feedback on the proposals, which will be implemented following approval through a governance vote. The final Polygon 2.0 upgrade is expected next year.The first among the three proposals, PIP-17, outlines “Phase 0” of Polygon 2.0.

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