Search results for "POL"

Polygon introduces native POL Token to Solana through Wormhole's NTT framework.

Odaily News Wormhole announced that Polygon has introduced its native POL token to Solana through its Native Token Transfer (NTT) framework. By utilizing NTT, Polygon can maintain the core functionality integrity of POL (e.g., supporting trading, ensuring network security, and supporting community governance).
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$POL climbs above 12% as Polygon launches Aggregator Breakout Program

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Infrared has launched a points program to pave the way for Q3 token issuance.

PANews April 24 news, according to Infrared's official tweet, the liquidity staking protocol Infrared on Berachain has launched the Infrared Points reward program, which automatically records user participation and traces back to key pool liquidity provision activities before March 21. Users can earn points by staking PoL vaults, iBGT, or iBERA, with some vaults offering point multipliers. In the future, points will be used to exchange for the upcoming native Token, with specific ratios to be announced before TGE.
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Polygon plans to migrate MATIC to POL token on September 4th

On July 18th, PANews reported that Polygon's Mainnet upgrade plan will take place on September 4th, 2024. After obtaining community approval, its native token will be converted from MATIC to POL. The testnet migration launched on July 17th aims to identify and solve potential issues before the Mainnet upgrade. After the upgrade, POL will replace MATIC as the main token for gas fees and stake.
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PANews reported on June 13th that, according to the official announcement from Berachain, Berachain has been upgraded to Berachain V2. This upgrade introduces the BeaconKit framework, significantly improving the architecture and consensus mechanism, providing a better experience for EVM smart contract development. In addition to the original three-token model and PoL (Proof of Liquidity) incentive mechanism, the V2 version has adjusted the settings for validators, increasing the number of validators from 100 to 256 to support the expected Total Value Locked (TVL) on a large scale. Meanwhile, the new modular design enhances collaboration and security across the entire ecosystem through shared liquidity. Related Reading: Exploring Berachain V2: The Transformation of Node Staking and Slashing Mechanisms

Polygon launches the Agglayer Breakout plan, and stakers will receive multiple project Airdrops.

According to Gate.io News bot, Polygon officially announced the launch of the Agglayer Breakout plan, which aims to support the development of aggregation chains. According to the plan, Polygon will distribute multiple project Token Airdrops to POL stakers. The first batch of projects participating in the airdrop includes PrivadoID, with an airdrop ratio of approximately 5%; 0xPolygonMiden, with an airdrop ratio of approximately 10%; and a DeFi chain whose name has not yet been announced, with an airdrop ratio of approximately 15%. Polygon stated that more high-potential projects will join the program in the future. It is reported that the first staking snapshot is expected to take place next week.
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Berachain Foundation: PoL will go live on March 24, and governance enters the first phase.

PANews March 21 news, the Berachain Foundation announced that PoL (Liquidity Proof) will officially go live on March 24, governance will enter the first phase, and the incentive mechanism will begin to take effect, with a new reward pool being distributed. This change means that BGT holders will have more control and profit opportunities, deciding the flow of incentives to support users, applications, and validators' incentive distribution.
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In the past 4 hours, the Polygon ecosystem has distributed 128.9 million POL to 45 addresses of riseAddress.

Polygon's Ecosystem GrowthAddress recently distributed 128.9 million $POL (formerly known as $MATIC) to 45 addresses, worth $47.57 million. Institutional addresses such as CoinFund, Alameda Research, Galaxy Digital, Animoca Brands are all receiving. These actions may have an impact on the price of $POL.
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Gate.io launches POL Mining, with an expected annualized rate of up to 3.93%.

Odaily News Gate has now launched POL Mining, with a minimum investment of 1 POL and an expected annualized return of up to 3.93%. Participate in the Gate on-chain coin Staking project without complicated operations, and earn daily rewards. In addition, the GT on-chain staking base annualized return reaches 5.56%, with an additional reward of up to 2%.
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The BGT allocation data for the Berachain PoL expanded BeraSwap trading pairs has been released.

Gate.io News bot, according to Wu Shu, after the expansion of Berachain PoL to Reward Vaults, the five trading pairs initially set up by the official BeraSwap have significantly reduced their validator BGT allocation ratio due to the lack of bribery incentives. The specific data shows that the total BGT allocation of these five trading pairs is 6.69%, and the individual trading pairs are 0.26%, 0.26%, 2.87%, 1.65% and 1.65% respectively. The yield on two of these stablecoin pools dropped to 3.3%. Data also shows that the OMH-Honey LP received the highest BGT allocation ratio, reaching 34%. Among the 55 Reward Vaults currently running, 37 maintain a bribery incentive mechanism, with total incentive funds reaching 4.48 million USD, and 1.02 million USD has been distributed. The total value of the BGT allocation obtained through these bribery incentives reached 5.6 million USD, with a bribery return rate of 5 times.
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Berachain releases White Paper, which will replace the incentive mechanism with the PoL mechanism and adopt a dual token model

The Berachain Foundation is launching a new Layer 1 public chain that is fully compatible with EVM. It adopts the Proof of Liquidity (PoL) mechanism, where validator rewards are linked to network application demands. The economic model uses a dual-Token design, with BERA used for stake and transactions, and BGT as a non-transferable governance Token. The Foundation will gradually transition to complete decentralization governance.
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Berachain White Paper: Aligning the value of the network with the value of the Application Layer through a dual-token model and reward distribution mechanism

Berachain Foundation releases Layer 1 blockchain White Paper, aiming to align the value of the network with the value of applications through the Proof of Liquidity (PoL) mechanism. In terms of the economic model, BERA is used for staking and trading, while BGT is used for governance and rewards. The PoL mechanism ensures the security and decentralization of the network by adjusting the Boost of validators to control inflation.
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Aligned will airdrop 26% of ALIGN to 891,322 addresses. The airdrop is for holders of seven tokens, including STRK, ZK, and others.

Odaily Planet Daily News Aligned Foundation announced that it will Airdrop 26% of ALIGN Tokens to 891322 Address. The specific Airdrop targets are holders of tokens such as STRK, MINA, ZK, POL, SCR, TAIKO, EIGEN, etc. Users need to hold the tokens at the historical lowest price, but the minimum Holdings requirement has not been disclosed. Addresses eligible for the Airdrop need to register before December 23rd. Previously, Aligned Foundation has released the economic model of the token ALIGN. The total supply of ALIGN is 10 billion, with an initial circulation of 3 billion (i.e. 30% of the total supply).
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Polygon launches the upgrade of MATIC to POL token, with an annual issuance rate of 2%

Polygon will upgrade the long-term used MATIC Token to a new native Token POL. The upgrade aims to enhance the flexibility of Token issuance, making it the native Token of the Polygon PoS chain and other chains in its ecosystem. The new POL Token will have an annual issuance rate of 2%, with a portion rewarding PoS validators and another portion used to support the sustainable development of the ecosystem. This upgrade is due to the technical limitations of the MATIC Token and will provide support for the community and the decentralized network development.
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The official announcement of the new cross-chain protocol ValenceZone by Cosmos

On June 18th, according to official news from Cosmos, a new cross-chain protocol called ValenceZone has been launched. Valence enables permissionless inter-chain collaboration, allowing chains, dApps, and DAOs to participate in economic relationships. Valence expands the scope of IBC cross-chain, making economic protocols possible, such as adjusting the composition of funds or lending POL based on market conditions.
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Analyst: POL's key support level may be at $0.28

Odaily Planet Daily News Analyst Ali Martinez wrote on the X platform: "Some people will understand, others will say it's contradictory. But the key support of POL is 0.28.
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Cosmos Hub proposes to redirect existing PoL exports to the Hydro platform through proposal 955.

Odaily Planet Daily News Cosmos Hub officially announced that Proposal 955 has been approved, and the existing PoL (Proof of Liquidity) exports will be rerouted to the Hydro platform. It is reported that through this process, participants will be able to directly from Cosmos Hub
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Bloomberg: Trump's election triggered a speculative frenzy in the crypto market, with DOGE rising by about 50% in the past 5 days gate News: According to Bloomberg, investors are enthusiastic about the future of the Cryptocurrency industry under the leadership of the newly elected US President Trump, which has triggered a speculative frenzy. The performance of a series of small Cryptocurrencies has outperformed BTC, with Dogecoin (DOGE) pumping about 50% in the past five days. In addition, ADA pumped more than 60% during this period, due to the push from Cardano founder Charles Hoskinson discussing collaboration plans with Washington legislators on a podcast. Meanwhile, Polygon (POL), Cosmos (ATOM), Solana (SOL), and Algorand (ALGO) have all surpassed BTC's approximately 7% increase in the past five days. BTC Markets Pty CEO Caroline Bowler said:"The rising tide has lifted the BTC pump relatively quickly, which is expected to have a ripple effect on the AltCoin. The entire encryption industry is expected to be a net beneficiary of the Trump administration."
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Bloomberg: Trump's election triggered a speculative frenzy in the encryption market, DOGE rose by about 50% in the past 5 days.

Under the speculation frenzy in the cryptocurrency market, small cryptocurrencies outperformed BTC, with DOGE pumping 50% in five days, ADA pumping 60%, POL, ATOM, SOL, and ALGO all exceeding a 7% increase over BTC. Cardano's founder Charles Hoskinson has confirmed plans to collaborate with the Trump administration to help formulate cryptocurrency legislation, creating a clear regulatory framework for the industry.
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21.co strategist: 15 million MATIC have been migrated to POL in the past week

According to a report from Jinse Caijing, Tom Wan, a strategy analyst from 21.co, stated on X platform that in the past 7 days, 15 million MATIC (approximately $6 million) has been migrated to POL. The migration rate has increased from 0.03% to about 0.2%. With 2 days left until the official migration, it is expected that the migration rate will further jump to over 50%.
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Base has Open Source editing style guide.

Baseprotocol responsible person Jesse Pollak edited the style guide for Open Source on the X platform and shared data showing that Base ranked first in trading volume in the past 24 hours. The guide is themed on on-chain economy and is available for developers to refer to.
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