Polygon (MATIC) Presents Upgradable Smart Contracts: What We Know

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Polygon (MATIC) Presents Upgradable Smart Contracts: What We Know
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.0xPolygonLabs surprisingly introduces entirely new governance model $MATIC

envisions the creation of the Ecosystem Council, which is poised to be able to perform timelock-limited upgrades to upgradable system smart contracts across both Polygon networks, Polygon PoS and Polygon zkEVM.

Besides being more cost-optimized, this hybrid model is not too sophisticated and is able to encourage more individuals to actively participate in community governance:

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