What is POL (ex-MATIC)?
POL (ex-MATIC) is the native coin of the Polygon network, formerly known as MATIC. It is an ERC-20 token and serves as the native gas and staking token on Polygon's main proof-of-stake chain. POL is used to pay transaction fees on the Polygon network and is also paid to validators as staking rewards.
POL (ex-MATIC) goals
The purpose of POL (ex-MATIC) is to secure the Polygon PoS network, fuel transactions, and serve as a validator reward. It aims to play a crucial role in Polygon's larger 2.0 roadmap, which aims to build a more efficient and scalable blockchain network. Additionally, POL introduces several new staking methods for on-chain validators and alters the coin's tokenomics to improve the community's earning potential.
POL (ex-MATIC) fondamentals
The total supply of POL (ex-MATIC) tokens is unlimited, but the current circulating supply is 10340648579 POL.
Marketcap
$4.108B
Total number of POL (ex-MATIC)
10340648579 POL
POL (ex-MATIC) technology
The project's technology is based on a proof-of-stake (PoS) mechanism, which allows validators to stake their tokens to secure the network and validate transactions. POL (ex-MATIC) is an ERC-20 token, which means it is built on the Ethereum blockchain.
POL (ex-MATIC) competitors
The project differentiates itself from competitors through its proof-of-stake mechanism and its focus on building a more efficient and scalable blockchain network. POL (ex-MATIC) has a unique tokenomics system that aims to improve the community's earning potential.
POL (ex-MATIC) price history
Frequently asked questions
The price of POL (ex-MATIC) is $0.5017
The market cap of POL (ex-MATIC) is $4107615845
The total supply of POL (ex-MATIC) tokens is unlimited, but the current circulating supply is 10340648579 POL
The purpose of POL (ex-MATIC) is to secure the Polygon PoS network, fuel transactions, and serve as a validator reward.
POL (ex-MATIC) works as a proof-of-stake token, allowing validators to stake their tokens to secure the network and validate transactions.
POL (ex-MATIC) is an ERC-20 token, which means it is built on the Ethereum blockchain.
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