Represents value derived from indirectly influencing the decision-making in the Polygon community governance by delegating the voting power to a suitable representative.
POL (ex-MATIC)
POL$0.1621
-5.81%
24h Price Range
$0.1604
$0.1846
Represents value derived from indirectly influencing the decision-making in the Polygon community governance by delegating the voting power to a suitable representative.
Represents value derived from controlling the decision-making in the Polygon community governance by directly voting on proposals.
Due to EIP-1559 (the same as in Ethereum), the base fee paid in POL tokens to the network is burned. This is an additional source of POL deflation.
One of POL's primary functions is to secure the network by participating in consensus. Successful participation is rewarded.
The minimum self-stake (i.e., stake without delegation) requirement is 10,000 POL. Once this requirement is met, a node can join the active set of up to 105 validators. New validators can join the active set only when a currently active validator unbonds or is removed due to low performance.
Note that the validator need not have the entirety of his stake be self-staked, and any amount (beside the mandatory 10,000 POL) may be delegated instead (see the Stake Delegation function).
Represents the possibility of delegating one's stake to an active validator in order to share in the rewards he receives. The reward is shared proportionally based on the user's contribution,.
There is no lower limit on the user's ability to delegate stake, unlike the validators' self-stake requirements.