Polygon co-founder considers reverting POL token to its original MATIC ticker
Polygon co-founder Sandeep Nailwal is considering reverting the POL token ticker back to MATIC due to community feedback.Summary
Polygon co-founder Sandeep Nailwal is contemplating asking exchanges to revert the POL token ticker back to its original MATIC name, seven months after the network completed its token migration as part of the Polygon 2.0 upgrade. Nailwal noted that he frequently hears from the trading community that MATIC was a stronger and more familiar ticker with established history and recognition. Although his initial stance was against the change due to the potential 'churn,' he is now considering it based on the broader familiarity and brand strength associated with MATIC. The network upgraded from MATIC to POL in September 2024 to facilitate its transition into a zero-knowledge chain and consolidate liquidity, with POL serving as the native gas and staking token on the Polygon PoS chain.
(Source：Crypto Briefing)