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Polygon Foundation: PIP-69 Proposal Goes Live, Validator Share Tokens to be Displayed as dPOL at 1:1 Ratio

2026-01-15 01:47

Odaily News: The Polygon Foundation announced on platform X that the PIP-69 proposal has officially gone live. Through this proposal, validator share tokens will now be displayed as dPOL at a 1:1 ratio. This move aims to enhance wallet visibility and expand the utility of staked POL. dPOL possesses full ERC-20 functionality, which simplifies the creation of POL liquid staking tokens (LSTs) and improves DeFi composability. Users who have staked POL will see these tokens in their wallets; depending on the wallet, the tokens may be displayed as dPOL, dPOL1, or dPOLa4.