## Polymarket Shifts Focus to Building a Private L2, Preparing for POLY Token Launch
The leading prediction trading platform Polymarket is entering a major transition phase. Instead of continuing to rely on Polygon, the company is developing an independent Layer 2 solution on Ethereum for itself, marking infrastructural autonomy.
This strategy is accompanied by plans to launch a native token called POLY. The token will play a key role in the platform's ecosystem, from governance to future economic features. This demonstrates that Polymarket not only wants to control its own technology but also build a user community with shared benefits.
Most of the current infrastructure will be rebuilt. The platform will cease using third-party services like GoldSky and Alchemy, moving towards self-operating its critical components. According to confirmation from team members, building a private L2 is the highest priority this quarter.
On this journey, Polymarket is also deploying new features to improve user experience. Markets with a 5-minute cycle are expected to launch this week, providing more flexibility for traders who prefer fast-paced trading. These steps help Polymarket reposition itself in the prediction market space while creating opportunities for a new economic model centered around the POLY token within the application.
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## Polymarket Shifts Focus to Building a Private L2, Preparing for POLY Token Launch
The leading prediction trading platform Polymarket is entering a major transition phase. Instead of continuing to rely on Polygon, the company is developing an independent Layer 2 solution on Ethereum for itself, marking infrastructural autonomy.
This strategy is accompanied by plans to launch a native token called POLY. The token will play a key role in the platform's ecosystem, from governance to future economic features. This demonstrates that Polymarket not only wants to control its own technology but also build a user community with shared benefits.
Most of the current infrastructure will be rebuilt. The platform will cease using third-party services like GoldSky and Alchemy, moving towards self-operating its critical components. According to confirmation from team members, building a private L2 is the highest priority this quarter.
On this journey, Polymarket is also deploying new features to improve user experience. Markets with a 5-minute cycle are expected to launch this week, providing more flexibility for traders who prefer fast-paced trading. These steps help Polymarket reposition itself in the prediction market space while creating opportunities for a new economic model centered around the POLY token within the application.