recently announced an update that will play a crucial role in shaping the blockchain’s future. The development was related to the much talked about Polygon 2.0 upgrade, which will also change MATIC’s fate when it’s launched fully. In fact, MATIC’s price action has already turned bullish in the recent past, thanks to the market condition.Polygon Labs revealed in its latest tweet that, as a result of community consultations, POL contracts will be live on the Goerli testnet.
Based on the community’s feedback during the PIP governance process, PIP-24: Change EIP-1559 Policy & PIP-25: Adjust POL Total Supply,…For starters, POL is the blockchain’s next step in revamping MATIC. It will accommodate an ecosystem of zero knowledge-based Layer 2 chains by enabling staking, community ownership, and governance.