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Polygon Foundation: PIP-69 Proposal Launched, Validator Stake Tokens to Display as dPOL at 1:1 Ratio

Summary: Polygon Foundation announced on X platform that the PIP-69 proposal has been officially launched. With this proposal, Validator Stake Tokens are now displayed as dPOL at a 1:1 ratio, aiming to enhance wallet visibility and expand the utility of staked POL. dPOL has full ERC-20 functionality, simplifying the creation of Liquidity Staking Tokens (LSTs) and ...

Polygon Foundation announced on X platform that the PIP-69 proposal has been officially launched. With this proposal, Validator Stake Tokens are now displayed as dPOL at a 1:1 ratio, aiming to enhance wallet visibility and expand the utility of staked POL. dPOL has full ERC-20 functionality, simplifying the creation of Liquidity Staking Tokens (LSTs) and enhancing DeFi composability. Users with staked POL will see these tokens in their wallets, which may appear as dPOL, dPOL1, or dPOLa4 depending on the wallet.

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Link: Polygon Foundation: PIP-69 Proposal Launched, Validator Stake Tokens to Display as dPOL at 1:1 Ratio   [Copy]
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