Polymarket Confirms POLY Token and Airdrop Plans Amid U.S. Relaunch
Polymarket's Chief Marketing Officer Matthew Modabber has confirmed the prediction market platform will introduce a native POLY token alongside an airdrop following its U.S. app relaunch. The announcement, made during the Degenz Live podcast, underscores the team's deliberate approach to ensuring the token's utility and longevity.
Modabber emphasized that the token rollout will only proceed after the U.S. app relaunch is complete, aligning with founder Shayne Coplan's earlier hints on social media. The MOVE follows regulatory clearance for Polymarket to resume U.S. operations, which were halted in 2022 due to legal uncertainties.
Community speculation about rewarding active users appears validated, with allocations likely tied to trading volume—a model mirroring decentralized exchanges and derivatives protocols. Modabber praised Hyperliquid's approach, signaling Polymarket's focus on sustainable growth.