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Upgrade MATIC to POL: Polygon Portal Now Live

Aug 28, 2024
  1. Seamless MATIC to POL Upgrade Now Available
  2. More About POL’s Migration
  3. Polygon’s Commitment to Evolution

Today, users can upgrade their MATIC to POL through the Polygon Portal Interface. This upgrade is part of Polygon’s strategic transition to enhance its network’s functionality and efficiency.

Seamless MATIC to POL Upgrade Now Available

While there is no deadline for this upgrade, all MATIC tokens on Polygon’s Proof of Stake (PoS) chain and staked MATIC on Ethereum will be automatically converted to POL on September 4th. For users with MATIC on Polygon PoS, the upgrade process is straightforward. No action is required on their part, as their tokens will be automatically migrated to POL. This seamless migration ensures that MATIC holders on Polygon PoS experience a smooth transition without needing to manually intervene.

More About POL’s Migration

For those holding MATIC on Ethereum, the process involves a manual migration. Users can upgrade their tokens by utilizing the Migration Link available in the Polygon Portal. This link provides a direct pathway for Ethereum-based MATIC holders to convert their assets to POL. The Polygon Portal Interface offers a user-friendly experience, making the manual migration process as efficient as possible.

Polygon’s Commitment to Evolution

Centralized exchanges (CEXs) will handle the MATIC to POL upgrade differently, as each exchange will implement its migration process. Users holding MATIC on centralized exchanges should consult the official communications from their respective platforms to understand the specific procedures and timelines for the upgrade. It is crucial to follow these instructions closely to ensure a smooth transition of tokens. This upgrade to POL represents Polygon’s ongoing commitment to evolving its ecosystem and enhancing user experience. By adopting POL, users benefit from the latest advancements in Polygon’s technology, contributing to improved network performance and efficiency.

The upgrade to POL is a crucial step in Polygon’s strategy to enhance technology and functionality of their network. Users can achieve maximum efficiency through this enhancement.

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