Key Features and Use Cases:*
- *Staking*: Validators stake POL tokens to participate in the validation process and earn rewards.
- *Governance*: POL holders can participate in decision-making processes through governance proposals.
- *Transaction Fees*: POL is used to pay transaction fees on the Polygon network.
- *Ecosystem Support*: POL provides a sustainable mechanism for ongoing support, ensuring the ecosystem's growth and development.
- *Community Ownership*: POL enables community-driven governance, allowing holders to participate in shaping the network's direction.
*Benefits:*
- *Infinite Scalability*: POL can support the exponential growth of the Polygon ecosystem.
- *Improved Security*: POL enhances ecosystem security through a decentralized pool of Proof-of-Stake (PoS) validators.
- *Community Involvement*: POL holders have a say in the network's direction through governance proposals ¹ ².
*Migration from MATIC to POL:*
- The migration from MATIC to POL is a significant milestone in Polygon's journey.
- POL will gradually replace MATIC over a period of four years.
- The transition is designed to be seamless, with MATIC holders able to swap their tokens for POL at a 1:1 ratio ² ³.
