PANews reported on April 15th that, according to Cryptopolitan, Polygon Labs launched its native liquidity staking token, sPOL, aiming to bring over 3.6 billion staked POL (approximately $330 million in idle staking capital) into the DeFi ecosystem. Users earn sPOL by staking POL at a 1:1 ratio. sPOL accumulates staking rewards over time and can be used for trading, staking, providing liquidity, or participating in DeFi yield strategies. Existing stakers can migrate their positions through the staking portal with no waiting period and uninterrupted rewards. Polygon Labs has committed $10 million from its own funds to launch sPOL and plans to gradually add another $90 million. The Uniswap V4 pool is already live. A Polygon co-founder stated that network priority fees have increased by 1000% since the PIP-65 proposal, and PIP-85 will distribute a larger proportion of fees to stakers and delegators.