Technology

Polygon Proposes Moving 70 Million POL Tokens Without Wallet Holders' Signatures

November 9, 2026, 10:08 AM UTC (4 hours ago) · 1 source · Summarized by CryptoBipto

Polygon has reportedly proposed a mechanism to move 70 million POL tokens without requiring the signatures of the wallet holders who currently control them. The proposal has raised questions about governance, decentralization, and the rights of token holders within the Polygon ecosystem.

WHY IT MATTERS

One of the core promises of blockchain technology is that only you can move your tokens — you need your private key (like a password) to authorize any transfer.

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SOURCES

cryptoslate.com

POLPolygon GovernanceToken TransfersDecentralizationSmart Contract UpgradesCrypto Property Rights

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