Polygon will undergo a mainnet upgrade on Sept. 4, 2024, following the community’s approval of the proposal.
This upgrade marks the transition from the native MATIC token to a new one with the ticker POL and introduces fresh smart contracts.
The Migration Process
“Following PIP-42, consensus was reached that Polygon PoS validators must stake POL (the upgrade to MATIC) to earn protocol rewards and transaction fees in POL,” said Polygon Labs in a July 18 blog post.
SAVE THE DATE: MATIC → POL
After community consensus, the long-awaited upgrade is set for September 4th
• Initial phase: POL replaces MATIC as the native gas and staking token for Polygon PoS
• Subsequent phases: POL will serve a crucial role in the AggLayer
More details pic.twitter.com/SyxsFAlOeZ
— Polygon Foundation (@0xPolygonFdn) July 18, 2024
This means that beginning on September 4, POL will replace MATIC as the native gas and staking token for Polygon’s Proof of Stake (PoS) chain. This transition is a m
We współpracy z: https://cryptopotato.com/heres-when-polygon-will-migrate-from-matic-to-pol-token/
