As part of Polygon’s network upgrade, $POL will replace $MATIC as the new network token. At Coinmetro, we support this migration to ensure a smooth user transition. Below are the key dates and changes to be aware of.
MATIC on Polygon Network (POL)
- September 25, 2024: $POL will be listed on Coinmetro with both deposits and trading being enabled.
MATIC/POL on Ethereum Network
- End of 2024: $POL support will be added for the Ethereum network.
- $MATIC on the Ethereum network will remain unchanged until further notice.
- All customer $MATIC balances will be migrated to $POL at a 1:1 conversion rate after the full migration is completed and separate communication will be shared regarding possible deadlines.
Staking information
- Current Stakers: If you have MATIC staked, you can continue staking and earning rewards without interruption.
- New Stakers: Until further notice, you can start or add MATIC to your staking after September 25, 2024.
Summary
This migration marks an important upgrade for Polygon Network to improve governance and support a more versatile, multi-chain ecosystem. We are here to ensure the process is as seamless as possible for our users. Please note the key dates and adjust your transactions and staking activities accordingly.
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