- With the update, the protocol aims to form a “value layer.”
- Changes will affect everything from architecture to tokenomics to the community management mechanism
- The next report on this topic will be published next week
An article on the upcoming major update was posted on the official Polygon blog yesterday, June 12. The new version of the protocol appears in this piece as “the value layer of the Internet.”
“The Internet has democratized access to information. The value layer will do the same thing, but with economics. It will provide decentralized financing, digital ownership, new coordination mechanisms and more,” the company explained.
Polygon 2.0 is a comprehensive strategy, a collection of a number of updates aimed at building a “value layer.”.
This is a rethink of the entire Polygon concept, according to the press release.
The plan will focus on the following points:
- the future of the PoS chain and the concept as a whole;
- the evolution and utility of the MATIC token;
- a more efficient community management model.</nbsp;
The developers promise to release more details soon.. In particular, a piece on how the PoS chain will evolve will appear next week. The rest of the dates are available below:
Reminder, the SEC in a lawsuit against Binance characterized the MATIC token as a security. Polygon Labs has already responded to this statement.