Polygon Labs Introduces “Polygon 2.0”

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Polygon Labs has unveiled “Polygon 2.0,” an extensive upgrade package designed to establish the “Value Layer” of the internet. Polygon envisions this upgrade to empower users in creating, exchanging, and programming value.

The Polygon 2.0 upgrades encompass a holistic transformation of Polygon, reimagining key elements such as protocol architecture, tokenomics, and governance. It serves as a roadmap towards Polygon’s vision of becoming the Value Layer, delivering limitless scalability and unified liquidity through the integration of ZK (zero-knowledge) technology. It aims to unify protocols, ensuring seamless usage across zk-Ethereum Virtual Machine tech, proof-of-stake, and supernets, providing a cohesive experience akin to a single chain.

Polygon Labs’ President, Ryan Wyatt, highlighted the notable features of Polygon 2.0, including “Token evolution” and “long-term decentralized governance.”
In the upcoming weeks, the Polygon team will dive into the specifics of each component of Polygon 2.0, discussing the future of the Polygon PoS chain, the utility and evolution of the Polygon token, and the transition towards enhanced community governance of the protocol and treasury.

This strategic plan paves the way for Polygon to realize its vision of becoming the unparalleled Value Layer of the Internet, providing limitless scalability and seamless liquidity driven by ZK technology.

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