No, you do not need to transform your POA native tokens. POA native tokens are used to execute smart contracts on the POA Network, which is a faster and more cost-efficient than Ethereum network. Developers creating DApps on the POA Network will need POA native tokens in order for their DApps to function on the POA Network.
Articles in this section
- Terms of Service of the POA Interoperability Protocol
- What is the POA Bridge?
- What is POA20?
- Do I have to transform my POA native tokens to POA20?
- What is the purpose of having a POA20 token?
- Will the supply of POA tokens increase as a result of POA20 tokens?
- What is the difference between POA native token and POA20 token?
- What is the POA20 token Contract Address, Symbol, and # of Decimal Places in order to add it as a Custom Coin on MyEtherWallet?
- How do I transform my POA native tokens to POA20 tokens?
- Has the contract code for the POA Bridge been audited?