Polygon ecosystem welcomes a major upgrade. After the official launch of PIP-69, validator share tokens have been mapped and converted to dPOL on a 1:1 basis. While this change seems simple, it actually unblocks many previous bottlenecks.
Key changes include: firstly, dPOL is now more visible in wallets, allowing users to clearly see their staked assets. Secondly, staked POL now has more use cases and is no longer just in a locked state.
From a technical perspective, these tokens now have full ERC-20 functionality after the upgrade, meaning they can circulate within smart contracts like regular tokens. The most immediate benefit is that creating POL liquidity staked tokens (LST) becomes easier, and composability across DeFi protocols is enhanced—giving developers more room to innovate and build new products. Although this upgrade appears highly technical, it actually promotes increased capital efficiency within the Polygon ecosystem.
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LiquidationAlert
· 10h ago
Wait, can dPOL really circulate like a regular token? Does that mean the LST ecosystem is about to take off? That's pretty interesting...
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DefiSecurityGuard
· 10h ago
tbh the erc-20 composability thing sounds nice on paper but... has anyone actually audited these lst implementations yet? seen too many "upgraded" staking contracts turn into exploit vectors real quick. DYOR before dumping your pol into whatever new defi lego they're building 🚩
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Rekt_Recovery
· 10h ago
ngl, finally someone unlocked the "use your staked bags for something other than bagholding" feature... been there, done that, got the liquidation scar to prove it lmao
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AirdropLicker
· 10h ago
Finally smooth now, staking POL can now come alive
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Turning dPOL into ERC-20 is really satisfying, the LST path has opened up
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Basically, it's about making dead money move, developers can finally play some tricks
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1:1 mapping? I thought there might be some tricks, but this time it's a sincere upgrade
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Unblocking bottlenecks is indeed good, now it depends on how the ecosystem follows up
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Enhanced composability sounds good, but can it really attract developers?
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Improved capital efficiency sounds good, but the key is whether TVL can go up or not
Polygon ecosystem welcomes a major upgrade. After the official launch of PIP-69, validator share tokens have been mapped and converted to dPOL on a 1:1 basis. While this change seems simple, it actually unblocks many previous bottlenecks.
Key changes include: firstly, dPOL is now more visible in wallets, allowing users to clearly see their staked assets. Secondly, staked POL now has more use cases and is no longer just in a locked state.
From a technical perspective, these tokens now have full ERC-20 functionality after the upgrade, meaning they can circulate within smart contracts like regular tokens. The most immediate benefit is that creating POL liquidity staked tokens (LST) becomes easier, and composability across DeFi protocols is enhanced—giving developers more room to innovate and build new products. Although this upgrade appears highly technical, it actually promotes increased capital efficiency within the Polygon ecosystem.