Token Supply and Token Distribution
The original POL token, formerly known as MATIC, was designed with a maximum supply of 10 billion POL, which was gradually released monthly until December 2022.
The initial distribution of MATIC tokens was as follows:
- Private Sale: 3.80% of the total supply
- Initial Exchange Offering (IEO): 19%
- Development Team: 16%
- Advisory Team: 4%
- Network Operations: 12%
- Foundation: 21.86%
- Ecosystem: 23.33%
However, with the 1:1 upgrade from MATIC to POL over four years, an additional 200 million tokens were added annually, representing a 2% annual increase for 10 years to accommodate growth. This additional supply is divided into two categories:
- Validators Rewards: 1% annually to incentivize and retain validators on the network.
- Ecosystem Support: 1% annually to provide ongoing support for the development and growth of the Polygon ecosystem.
Interesting information about POL
According to Coinmarketcap data on 4 November 2024, the POL token had a market capitalization of US$2,279,315,202, approximately 76,916,049,715 Thai Baht.
At the time of writing, the POL token was trading at around US$0.2979, or approximately 10.05 Thai Baht per POL. The POL token has reached an all-time high of US$1.29, or approximately 43.38 Thai Baht, on 14 March 2024.
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