Polygon plans to introduce a Staking Layer and a community treasury, and proposes to issue POL at a specific rate annually

ChainCatcher news, the POL white paper released by Polygon shows that the concept of a Staking Layer will be introduced, which is a chain coordinator driven by POL, supporting an almost unlimited number of Polygon chains with arbitrary features and configurations. In addition, a Community Treasury will be introduced, which is a community-managed fund within the protocol that provides ongoing economic support for the development and growth of the Polygon ecosystem.

To ensure rewards for validators and support for the ecosystem, it is proposed that POL be issued annually at a specific rate beyond the initial supply of 10 billion coins (all converted from MATIC). Specifically, regarding validator rewards, Polygon suggests setting the annual issuance rate of POL for this purpose at 1% of the supply, which cannot be changed during the initial 10 years. After that, the community can decide the specific value through the governance framework, but the issuance rate will never exceed 1%; for ecosystem support, Polygon also suggests setting the annual issuance rate of POL for this purpose at 1% of the supply. Similar to the validator reward issuance, this value can be reduced through the governance framework after 10 years, but will never exceed 1%.