certora - Polygon Launches Native Liquid Staking Token sPOL to Enhance Staking Rewards
Polygon has launched its native liquid staking token, sPOL, marking a major token launch in the DeFi space. The token aims to enhance staking returns by unlocking approximately 3.6 billion staked POL tokens and providing priority fee sharing. Users can migrate existing stakes or stake new POL to receive sPOL, which accrues rewards and supports liquidity, collateral, and DeFi stacking. With only 4%-5% of POL currently liquid, sPOL targets idle capital. The token maintains a 1:1 peg with POL and i