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Polygon’s proposed native POL recovery

On-chain events · · Ketju Research

ProposedConfirmed evidence

Affects: Polygon Bridge (protocol)

What happened

Polygon contributors proposed a fork on November 4, 2026, to recover about 70.49M POL attributed to the Polymarket and Binance incidents.

What changed

Validators would move native balances from 5 listed addresses to designated recovery addresses without holder signatures.

What did not change

The proposal preserves total supply and leaves bridge contracts unchanged.

Confirmed

  • The proposal requires governance approval and testing on Amoy.
  • The proposers require proof that recipients control the recovery addresses.

Still open

  • Governance has not established approval, activation timing or a final client release.
  • The reported balances remain subject to verification before activation.

What it means for an advisor

  • Ketju should review the Polygon Bridge memo’s validator-dependency analysis for forced balance changes and potential chain splits.

Sources

  1. Polygon native POL recovery proposal · Polygon governance ·

Version 1, published . We check this event again on . Educational research. Not investment advice.