SHIB Lead Says Shibarium Ready for Prime Time, XRP Army Receives Warning in Wake of New Development, Polygon Founder Unveils Massive MATIC Upgrade: Crypto News Digest by U.Today

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SHIB Lead Says Shibarium Ready for Prime Time, XRP Army Receives Warning in Wake of New Development, Polygon Founder Unveils Massive MATIC Upgrade: Crypto News Digest by U.Today
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to the MATIC token. He wrote that POL offers the advantages of multi-chain staking without the additional risks associated with restaking. Nailwal then added that the Polygon ecosystem will be expanded from a single chain to an ecosystem of L2s that can easily interoperate with the Polygon 2.0 proposal.

POL was created from the ground up to be the first hyperproductive token and a third-generation token, which will allow holders to secure multiple networks and fulfill multiple roles. If the Polygon community approves the new proposal, MATIC will be upgraded to POL in a 1:1 ratio, as the two tokens cannot coexist in terms of protocol; POL can only replace MATIC.

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