The US Commodities Futures Trading Commission (CFTC) has added Aptos founder Mo Shaikh to its Digital Assets Subcommittee. The subcommittee offers advice on regulating digital assets and comprises members from crypto-familiar companies like Blackrock, Uniswap, and Polygon.
Wednesday, June 5, 2024Polygon is launching its Community Grants Program, allocating 1 billion POL to builders over 10 years.
The MATIC token is rebranding to POL to align with the Polygon branding. With the AggLayer interoperability solution being the primary point of focus for the Polygon team, POL will be seen as the “AggLayer token” and will allow for staking on multiple chains. MATIC will be automatically migrated to POL on the Polygon PoS chain, but everyone else must use a migration contract.