Polygon Labs just unlocked a new layer of capital efficiency for $POL holders. The first official Liquid Staking Token (LST) built by @0xPolygon, sPOL, is now live. Until now, over 3.6B $POL has been staked but largely idle in DeFi terms. That changes today. sPOL transforms staking from a passive activity into an active, yield-generating strategy. What you can do with sPOL With sPOL, your staked $POL becomes composable across DeFi: 🔸 Provide liquidity across supported pools. 🔸 Use as collateral in lending markets. 🔸 Stack additional yield on top of base staking rewards. 🔸 Stay exposed to staking yield while remaining liquid. How sPOL works: ▪️ Visit: https://t.co/vAPnyOV7BL ▪️ Deposit POL ▪️ Receive sPOL (1:1 at launch, accrues value over time) ▪️ Use sPOL in DeFi or simply hold and earn Already staking? No problem: ▪️ You can migrate your existing validator stake into sPOL. ▪️ No need to unstake and sit idle. Note: Your sPOL balance stays the same, but each token is worth more $POL the longer you hold it. sPOL turns your $POL from “locked capital” into a productive asset.

Share







Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.