POL (ex-MA...

pol

POL (ex-MATIC) is the foundational cryptocurrency powering the ambitious Polygon 2.0 vision, evolving into an "aggregated blockchain network" that unifies the best of monolithic and modular designs. This Smart Contract Platform within the Polygon Ecosystem, a leading Ethereum Layer 2 (L2) solution, aims for unlimited scalability and unified liquidity across numerous chains. The Pol token is central to this Web3 future, enabling seamless user and developer experiences. Its unique value proposition lies in technologies like the AggLayer, a trustless cross chain interoperability protocol unifying liquidity by aggregating proofs, and Polygon CDK, an open source toolkit for launching custom ZK-powered L2s. Leveraging cutting-edge zero-knowledge (ZK) proofs and a Type 1 Prover, POL (ex-MATIC) allows any EVM chain to become a ZK L2, facilitating high performance decentralized applications. As the native gas token, pol also supports network security through staking and decentralized governance, offering utility in DeFi, gaming, and NFT spaces.

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Smart Contract PlatformPolygon EcosystemEthereum Ecosystem+1 More

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