Token Mergers

Maybe we need investment banks for these.

Saurabh

and

Joel John

Jul 21, 2023

∙ Paid

Hey there!

It seems to be a merger (rebranding) season in crypto. Earlier in July, Polygon announced a new token, POL, due to its architectural overhaul. The old MATIC token will be swapped in a 1:1 ratio to POL. The Polygon ecosystem is currently home to multiple chains such as Polygon POS, Polygon zkEVM, and Supernets.

The new architecture allows valid…

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