## What is POL (ex-MATIC)?
POL is the rebranded version of MATIC, serving as the native token of the Polygon network, a Layer 2 scaling solution for Ethereum. Polygon aims to improve Ethereum's scalability and usability while maintaining security. POL functions as the network's utility and governance token, enabling fast, low-cost transactions for decentralized applications (dApps).

## What Problem Does POL (ex-MATIC) Solve?
POL addresses:
- **Scalability**: Polygon reduces Ethereum's transaction congestion and high gas fees by using Layer 2 solutions.
- **Cross-Chain Compatibility**: It enables seamless interoperability between Ethereum and other blockchains.
- **Low Transaction Fees**: POL reduces transaction costs, making dApp interactions more affordable compared to Ethereum's mainnet.

## Why Does the Crypto Market Need POL (ex-MATIC)?
POL benefits the crypto market by:
- **Scaling Ethereum**: POL provides Layer 2 solutions that reduce gas fees and increase throughput.
- **Interoperability**: POL allows projects to interact across different blockchains seamlessly.
- **Expanding the dApp Ecosystem**: POL powers a growing ecosystem of decentralized applications and DeFi platforms on the Polygon network.

## History & Achievements
Initially launched as MATIC in 2017, Polygon quickly became one of the largest Ethereum Layer 2 solutions. In 2024, the token was rebranded as POL to reflect its evolving role in the Polygon ecosystem, marking a major transition in the project's roadmap.

## Who Created POL (ex-MATIC)?
Polygon was co-founded by Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic. The team is comprised of developers and blockchain enthusiasts focused on scaling Ethereum through sidechains and Layer 2 solutions.

## What Technology Does POL (ex-MATIC) Use?
POL operates using:
- **Proof of Stake (PoS)**: Validators stake POL tokens to secure the network and process transactions.
- **Polygon SDK**: A flexible framework for building Ethereum-compatible blockchain networks.
- **Sidechains**: Polygon uses sidechains to offload transactions from the Ethereum mainnet, reducing congestion and fees.

## What Affects POL (ex-MATIC) Price?
Factors influencing POL's price include:
- **Adoption of Polygon Ecosystem**: Increased use of dApps and DeFi platforms on Polygon boosts demand for POL.
- **Ethereum Congestion**: As Ethereum becomes more congested, demand for Layer 2 solutions like Polygon rises, increasing POL's value.
- **Partnerships and Integrations**: Collaborations with prominent blockchain projects can positively affect POL's price.

## How Many Tokens of POL (ex-MATIC) Are in Circulation?
There are currently **10,259,155,118** POL tokens in circulation.

## What is the Maximum Supply of POL (ex-MATIC)?
POL does not have a capped maximum supply, making it an inflationary token designed to incentivize network participation.

## What is POL (ex-MATIC) Utility?
POL is used for:
- **Transaction Fees**: POL tokens are used to pay for transactions within the Polygon ecosystem.
- **Staking and Governance**: POL holders can stake their tokens to secure the network and participate in governance decisions.
- **DeFi and dApp Ecosystem**: POL powers the Polygon ecosystem, enabling interactions with decentralized applications and DeFi platforms.

## Tokenomics of POL (ex-MATIC)
POL's tokenomics include:
- **Inflationary Supply**: POL's supply is inflationary, with new tokens distributed as staking rewards to validators.
- **Ecosystem Incentives**: POL tokens are used to incentivize developers and projects to build on the Polygon network.
- **Governance**: POL holders can vote on key decisions within the Polygon ecosystem, influencing protocol upgrades and changes.

## What is the All-Time High and All-Time Low for POL (ex-MATIC)?
- **All-Time High**: $1.29 on March 13, 2024
- **All-Time Low**: $0.345 on August 5, 2024

## Where to Buy POL (ex-MATIC)?
POL can be purchased on major cryptocurrency exchanges, including:
- **Binance**
- **Coinbase**
- **Uniswap**
- **KuCoin**

## Who Invested in POL (ex-MATIC) at an Early Stage?
Polygon received early-stage investments from leading venture capital firms such as **Sequoia India**, **SoftBank**, and **Mark Cuban**, which contributed to its early growth and development.

## What Are the Revenue Streams of POL (ex-MATIC)?
POL generates revenue through:
- **Transaction Fees**: Users pay transaction fees in POL to interact with the Polygon network.
- **Staking Rewards**: Validators earn staking rewards for securing the network.
- **Ecosystem Growth**: Revenue increases as more dApps and DeFi platforms utilize Polygon's infrastructure.