POL (ex-MATIC) Logo

POL (ex-MATIC) POL

POL (ex-MATIC) header image

1. Summary

Limited data

  • 75% of the POL (ex-MATIC) code repositories are forked (originally copied) from another project.

Ranks

Liquidity
100
Developer
65
Social
100
Momentum (beta)
58
Stack Rankā„¢
78
Price
$0.43 -1.0%
Market Cap
$3.42B (#32)
Supply
7.69B / 10.29B
Price
52W High price $1.27
52W High date 14th Mar 2024 (8 months ago)
All Time High (ATH) Date 13th Mar 2024 (8 months ago)
ATH Price $1.29
% From ATH -73.01%
All Time Low (ATL) Date 4th Nov 2024 (2 weeks ago)
ATL Price $0.29
% From ATL 21.33%
Supply & Trading Volume
Trading Volume (24h) $352.18M
Total Supply 10.29B
Circulating Supply 7.69B
Description

Polygon Ecosystem Token (POL)

Polygon Ecosystem Token (POL)

Polygon Ecosystem Token (POL) is the upgraded native token of the Polygon 2.0 protocol. This token is designed to become the major tool for coordination and growth within the Polygon ecosystem, with the long-term goal of creating the Value Layer of the Internet. The POL token is intended to improve Polygonā€™s infrastructure, ensuring exponential scalability without sacrificing security and user experience.

Key Features

  • Ecosystem Security: POL introduces a highly decentralized pool of PoS (Proof-of-Stake) validators, enhancing the security and resilience of every Polygon chain.
  • Infinite Scalability: The token supports exponential growth and mass adoption of the Polygon ecosystem.
  • Ecosystem Support: POL offers a sustainable mechanism to support the ecosystem and the industry through continuous token emission and a self-sustainable ecosystem fund, the Community Treasury.
  • No Friction: POL is designed to avoid introducing friction in the user and developer experience, unlike other blockchain protocols.
  • Community Ownership: The token is meant to be utilized in governance frameworks, allowing holders to participate in decision-making processes and vote on proposals influencing the networkā€™s direction.

Migration

The upgrade from MATIC to POL requires a simple technical action ā€“ sending MATIC to the upgrade smart contract, which will automatically return the equivalent amount of POL. Token holders will be given ample time to migrate, ensuring a seamless transition.

Supply and Utility

  • Total Supply: 10 billion POL, with a yearly emission rate of 2% equally distributed between stakers and the Community Treasury.
  • Circulating Supply: Varied, dependent on migration and market activity.
  • Utility: Includes staking, governance, and access to exclusive services within the Polygon ecosystem.

POL's design aims to address the free rider problem in open-source projects and provide a sustainable mechanism for supporting the ecosystem and industry growth. The token's functionality and continuous emission ensure that the Polygon ecosystem will have enough resources for development, research, grants, and adoption incentives.

2. Price

POL

2.1. Market Performance

How does POL (ex-MATIC)'s (POL) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-8.0%

POL

9.8%

Similar Market Cap

60 Day Return

-7.8%

POL

53.3%

Similar Market Cap

1 Year Return

-54.7%

POL

1,452.2%

Similar Market Cap

3. Developer Activity

We're monitoring 98 POL (ex-MATIC) GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All POL (ex-MATIC) Repos)

Commits vs. The Market

  • Past 4 weeks: 12 commits vs. an average of 1
  • Past 12 weeks: 72 commits vs. an average of 8
  • Past year: 990 commits vs. an average of 114

Most Active Repos

Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year

Top Developers 2024

In total, 112 developers have contributed to POL (ex-MATIC) over the past year. Who are the most active POL (ex-MATIC) developers, by commits, over the past year?

Related Projects

Developers working on POL (ex-MATIC) also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 59,212
Active Reddit Users (past 24h) 16
Discord users 178,991
Active Discord Users 10,135
Telegram Users 59,315
Twitter followers 2M
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://polygon.technology/
Explorer https://etherscan.io/token/0x455e53CBB86018Ac2B809...
Twitter @0xPolygon
reddit /r/maticnetwork

What is the correct contract address for POL (ex-MATIC)?

Ethereum 0x455e53cbb86018ac2b8092fdcd39d8444affc3f6
Polygon-pos 0x0000000000000000000000000000000000001010

Has POL (ex-MATIC) been audited for security?

No security audits found for this project.

Are you the owner of POL (ex-MATIC)? Edit it here

Subscribe for free

Investment alerts and insights directly in your inbox.

By continuing, you agree to the Stack Terms of Service and Privacy Policy.