Ethereum network’s largest scaling solution, the Polygon network, officially proposed on Thursday three key changes ahead of its Polygon 2.0 upgrade.
The three proposals outline the different phases of Polygon 2.0, the implementation of POL token and the upgrade of the native gas token from MATIC to POL, respectively.
Developers are awaiting an approval of the proposals, before Polygon 2.0 upgrade. Implementation will begin in Q4 if the community endorses the changes, which are unlikely to affect end users, Polygon said. It is still unclear when the vote will occur.price has climbed nearly 6% from Monday’s intraday low of $0.4910 to $0.5212,. In the last 24 hours, the token yielded 1.48% gains for holders. Polygon network’s announcement could further support a price increase in MATIC.
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