Polygon ecosystem welcomes a major upgrade—PIP-69 proposal is officially launched. The highlight of this update is that the validator share tokens will be mapped 1:1 to dPOL. Although this seems like a simple mechanism adjustment, it actually opens up a lot of possibilities.

First, there is an improvement in wallet visibility. The POL assets staked on-chain can now be intuitively displayed as corresponding dPOL tokens, so users no longer have to stare at numbers in their wallets and wonder how much they have actually staked. This transparency design is indeed much friendlier to long-term holders.

More importantly, dPOL has full ERC-20 functionality. What does this mean? It means that staked POL is no longer a "dead asset," but can be used within the Polygon ecosystem for liquidity, lending, and even combined into more complex DeFi strategies. The barrier to creating liquid staking is significantly lowered, which is a good signal for projects looking to develop staking derivatives on Polygon. To some extent, this is using more flexible token design to expand the financial imagination of the ecosystem.