
What is Polygon's POL Token & How Does it Work?
$POL (Polygon Ecosystem Token) is the native gas and staking token of the Polygon network (@0xPolygon), one of the best known Ethereum Layer 2 scaling networks, running on proof of stake. It pays for transactions, secures the chain through staking, and gives holders a say in how the ecosystem spends its treasury. $POL replaced MATIC in 2024, and it was built to do something MATIC could not: secure many chains at once. If you held MATIC, you most likely hold $POL now whether you lifted a finger or not. Here is what the token is, how the switch happened, and…








