On August 29th, Polygon founder Sandeep Nailwal said on social platforms that POL is a large-scale technical upgrade of MATIC, which realizes the benefits of multi-chain staking without increasing the risk of re-staking.
Polygon 2.0 plans to expand the Polygon ecosystem from a single chain to multiple interoperable L2 chains. For example, Polygon POS will become one of the L2 chains. The POL token is designed to enable validators to play more roles and participate in more chains within the Polygon network. Those who hold POL can pledge POL in the center to verify any L2 chain, and can also participate in other work such as generating proofs to obtain higher returns without having to transfer the pledged assets again. POL has two dimensions of innovation in re-hypothecation:
1. POL supports encapsulation and re-pledging to avoid relying on third parties;
2. POL can be used not only to ensure the security of the chain, but also to ensure the security of the Agg layer, DAC, etc.
