BPOI Banner
Search CoinDesk Search CoinDesk

Polygon to Start Much-Awaited Swap of POL Token for Longstanding MATIC

“And then the second one is a means for, effectively, validators to receive emissions,” Boiron added. “Effectively, if you think of these new chains that pop up, what’s going to happen is that with time, they’re going to want to decentralize. And so instead of just having a centralized sequencer, they’re going to need to incentivize people to actually run a decentralized group or a decentralized prover. And if they don’t have a token, or if they don’t want to launch a token yet, how do they do that? Well, effectively, what this does is that a portion of that POL emissions can actually be used to decentralize their network, and then POL holders will then receive fees from that network.”

Source link

Margaux Nijkerk

https://www.coindesk.com/tech/2024/09/03/polygon-to-start-much-awaited-swap-of-pol-token-for-longstanding-matic/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

2024-09-03 21:08:26

bitcoin
Bitcoin (BTC) $ 95,895.69 1.23%
ethereum
Ethereum (ETH) $ 3,337.30 1.34%
tether
Tether (USDT) $ 0.999387 0.00%
xrp
XRP (XRP) $ 2.20 2.77%
bnb
BNB (BNB) $ 672.73 0.94%
solana
Solana (SOL) $ 183.61 1.62%
dogecoin
Dogecoin (DOGE) $ 0.314652 2.25%
usd-coin
USDC (USDC) $ 1.00 0.04%
staked-ether
Lido Staked Ether (STETH) $ 3,332.09 1.23%
cardano
Cardano (ADA) $ 0.895283 2.00%
tron
TRON (TRX) $ 0.249577 0.52%
avalanche-2
Avalanche (AVAX) $ 36.88 3.05%
chainlink
Chainlink (LINK) $ 23.12 2.75%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,958.44 1.41%
the-open-network
Toncoin (TON) $ 5.44 0.46%
shiba-inu
Shiba Inu (SHIB) $ 0.000022 1.17%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 95,589.61 1.30%
sui
Sui (SUI) $ 4.32 3.60%
stellar
Stellar (XLM) $ 0.357359 2.56%
polkadot
Polkadot (DOT) $ 6.98 1.80%
hedera-hashgraph
Hedera (HBAR) $ 0.277453 5.45%
hyperliquid
Hyperliquid (HYPE) $ 27.16 19.68%
weth
WETH (WETH) $ 3,336.79 1.30%
bitcoin-cash
Bitcoin Cash (BCH) $ 444.51 2.64%
leo-token
LEO Token (LEO) $ 9.43 1.15%
uniswap
Uniswap (UNI) $ 13.78 2.95%
litecoin
Litecoin (LTC) $ 102.31 1.00%
pepe
Pepe (PEPE) $ 0.000018 0.18%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,522.89 1.24%
near
NEAR Protocol (NEAR) $ 5.10 0.22%
ethena-usde
Ethena USDe (USDE) $ 0.999254 0.02%
bitget-token
Bitget Token (BGB) $ 4.10 2.89%
usds
USDS (USDS) $ 1.00 0.25%
aptos
Aptos (APT) $ 9.19 3.49%
aave
Aave (AAVE) $ 336.85 9.43%
internet-computer
Internet Computer (ICP) $ 10.10 0.60%
crypto-com-chain
Cronos (CRO) $ 0.155434 2.99%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.479117 1.51%
mantle
Mantle (MNT) $ 1.19 0.02%
ethereum-classic
Ethereum Classic (ETC) $ 26.42 0.04%
vechain
VeChain (VET) $ 0.046333 0.39%
render-token
Render (RENDER) $ 7.14 1.90%
monero
Monero (XMR) $ 190.37 0.21%
whitebit
WhiteBIT Coin (WBT) $ 24.45 0.33%
dai
Dai (DAI) $ 1.00 0.04%
mantra-dao
MANTRA (OM) $ 3.57 5.73%
bittensor
Bittensor (TAO) $ 456.13 2.13%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.28 1.06%
arbitrum
Arbitrum (ARB) $ 0.760577 0.11%
ethena
Ethena (ENA) $ 1.04 3.09%