Polygon 2.0 Roadmap: New Proposals and Token Upgrades Unveiled
Introduction to Polygon 2.0 Proposals
Polygon Labs has introduced three pivotal proposals as part of the Polygon 2.0 roadmap, aiming to enhance its infrastructure and introduce a new native token. These proposals mark significant steps towards the network's evolution into a multichain ecosystem.
Proposal Highlights
PIP-18: Phase 0 Milestones
The first proposal, PIP-18, known as "Phase 0," outlines four key milestones designed to streamline operations on Polygon's proof-of-stake (PoS) and zkEVM chains. These changes require no intervention from developers or end users, ensuring a seamless transition.
PIP-17: Introducing POL Token
PIP-17 proposes the introduction of POL, a new native token to replace MATIC. This change is contingent on community approval and would allow a straightforward one-to-one migration from MATIC to POL, simplifying the token ecosystem.
PIP-19: Upgrading the Gas Token System
The third proposal, PIP-19, focuses on upgrading the native gas token system. It suggests modifications to the MATIC Bridge Contract, transitioning the native gas token on Polygon PoS from MATIC to POL. This proposal ensures maximum backward compatibility, maintaining the current functionality of contracts on Polygon PoS.
Community Engagement and Implementation Timeline
All three proposals are open for community discussion and feedback. If endorsed, the upgrades are expected to commence in Q4 2023. These changes reflect Polygon Labs' commitment to advancing its network capabilities and governance.
Vision for Polygon 2.0
Announced in June 2023, Polygon 2.0 aims to unify Polygon PoS and zkEVM into an integrated multichain ecosystem built on zero-knowledge technology. The roadmap also envisions a revamped decentralized governance structure, featuring an ecosystem council to oversee smart contract upgrades.
These strategic proposals and upgrades are set to propel Polygon towards its goal of creating a robust, scalable, and efficient blockchain network.
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