Pre-PIP Discussion: Upgrading Polygon PoS to a zkEVM Validium

As a leading validator on the network, we believe this upgrade is a significant step towards Polygon’s vision of becoming the value layer of the internet and are truly excited about the possibilities this upgrade brings to the Polygon ecosystem.

At Luganodes, we’re committed to supporting Polygon’s growth and the adoption of scalable and secure solutions and would love if the team can address a few concerns that the community has:

MATIC Token Utility: The community is interested in understanding the increased/decreased utility of the MATIC token as a result of the proposal. This includes questions about the future of MATIC utility, such as freezing the token supply, staking fees, and whether they will be paid in ETH. It would be beneficial for the proposal to address these concerns and outline the future plans for the MATIC token.

Technology: Regarding the technology aspect, will the new approach remove bor and heimdall completely or add logic to them. It’s important to clarify how the new proposal impacts the existing infrastructure. Preserving past data and ensuring smooth transition mechanisms should be part of the proposal.

Staking: Understanding how staking rewards will work in the future, whether they will still be based on checkpoints, and the evolving percentage of rewards are important considerations. The proposal should provide insights into the staking mechanism and how it will function in the upgraded version.

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