POL (prev. MATIC) | Trading Non Stop

What is POL?

Polygon (POL) is the upgraded native token of an Ethereum scaling platform designed to offer fast, low-cost transactions and enable smooth interaction between different blockchains.

Ethereum Scaling Solution: POL powers a network that processes transactions quicker and cheaper than Ethereum’s main network.
Efficient Token Use: Validators stake POL to secure multiple blockchains at once and earn rewards across the entire network.
Cross-Chain Connectivity: POL supports easy transfer of assets between blockchains through Polygon’s AggLayer technology.

Deep Dive

1. Purpose & Value Proposition

POL is the core token that supports Polygon’s ecosystem, addressing Ethereum’s challenges with slow and expensive transactions. It enables transactions to be confirmed in under a second with almost no fees, allowing developers to create fast, scalable decentralized apps (dApps) while still benefiting from Ethereum’s security. POL is used in real-world applications like payments, decentralized finance (DeFi), and tokenized assets. Companies like Stripe and various financial institutions use Polygon’s infrastructure for secure and compliant transactions.

2. Technology & Architecture

Polygon combines a Proof-of-Stake (PoS) blockchain with zero-knowledge (ZK) rollups in one integrated system. Validators stake POL tokens to secure the network and support multiple blockchains simultaneously through AggLayer, a technology that uses zero-knowledge proofs to enable interoperability. This “hyperproductive” setup means a single stake helps protect the entire ecosystem, and validators earn fees from all connected chains.

3. Tokenomics & Governance

POL has deflationary features, where part of the transaction fees are permanently removed from circulation (for example, 3 million tokens were burned on January 5, 2026). The token is used for:

Paying transaction (gas) fees
Earning staking rewards for validators
Voting in governance decisions
Covering cross-chain fees through AggLayer

In September 2024, the token transitioned from MATIC to POL with a 1:1 swap, keeping the total supply steady at 10.56 billion tokens.

Conclusion

POL is the economic foundation of Polygon’s goal to create a unified, scalable multi-chain ecosystem. The success of AggLayer’s cross-chain features could make POL the go-to token for blockchain applications that need to work seamlessly across different networks.