Leading Ethereum scaling team Polygon aims to rebuild its ecosystem into a multi-chain network.

Polygon 2.0 will provide a future route for its PoS Chain, add use to the MATIC token, and allow community oversight over the protocol and treasury, according to the developers.

Polygon claimed “Polygon 2.0 is our blueprint for building the Value Layer.” In the following weeks, we will provide a strategy for Polygon to become the Internet's Value Layer, providing unbounded scalability and universal liquidity using ZK technology.

At $6B, Polygon's MATIC token is the 12th biggest crypto asset. MATIC fell more than 20% this week after the SEC called it a security in its lawsuit against Coinbase.

Polygon 2.0 was unveiled one week following Optimism's long-awaited Bedrock update.

Bedrock open-sourced Optimism's modular OP Stack, letting developers construct custom L2s. Optimism wants to create a symbiotic “Superchain” from OP Stack-based networks.

Polygon 2.0 looks to be creating a multi-chain environment.

The release claimed Polygon 2.0 is a network of ZK-powered L2 chains linked by a revolutionary cross-chain coordination mechanism. The network will seem like a single chain to a user.

Polygon has been selling products lately, including its zkEVM in March, Nightfall's mainnet beta in May, and Supernets in April 2022. Polygon maintains the PoS sidechain it created in 2017 and renamed in 2021 and develops Miden, a ZK-STARK-based L2.

Polygon promised further roadmap details in the coming weeks. An in-depth Polygon 2.0 live broadcast is planned on June 15.