Polygon Foundation Launches PIP-69 to Enhance Staked POL Visibility

2026-01-15 10:01

The Polygon Foundation has announced the launch of the PIP-69 proposal, which introduces a new way to display validator share tokens as dPOL at a 1:1 ratio. This initiative aims to improve wallet visibility and expand the utility of staked POL by supporting full ERC-20 functionality. The change facilitates the creation of POL liquid staking tokens (LSTs) and enhances DeFi composability. With the implementation of PIP-69, users who have staked POL will now see these tokens in their wallets as dPOL, dPOL1, or dPOLa4, depending on the wallet. This development is expected to simplify the process for users and increase the integration of staked POL within the DeFi ecosystem.

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