6.50 billion MATIC tokens migrated to POL, reaching 64.8% conversion rate.
Migration is part of Polygon 2.0 upgrade, enhancing network functionality.
POL offers new features like multi-chain staking, appealing to long-term investors.
Polygon’s ambitious token migration from MATIC to POL has reached a milestone, with 6.50 billion tokens successfully converted as of today. This transition, representing a 64.8% conversion rate, marks a pivotal moment in the network’s evolution towards its Polygon 2.0 vision.
The migration process, which commenced on September 4, 2024, stems from a comprehensive upgrade plan first outlined in mid-2023. This strategic shift aims to bolster Polygon’s scalability, security, and overall ecosystem functionality.
POL, as the new native token, assumes the role of MATIC in facilitating gas fees and staking operations, while introducing advanced features such as multi-chain staking.
The introduction of POL has catalyzed major trading activity, wi
We współpracy z: https://thenewscrypto.com/polygons-token-transformation-analyzing-the-matic-to-pol-migration-progress/
