Jun 2
What is Polygon's POL Token & How Does it Work?
➤ Polygon's native token, $POL, has replaced MATIC to secure multiple chains and power its Layer 2 network, functioning as a gas token, for staking, and for governance. ➤ The tokenomics feature a 2% annual emission for staking rewards and treasury funding, with no hard supply cap, but transaction fee burns can make it effectively deflationary during high network usage. ➤ $POL is utilized across payments, DeFi, gaming, NFTs, and is increasingly being integrated for real-world asset tokenization and institutional use cases.