MATIC became POL yesterday.. What you should know!

The migration of Polygon-issued MATIC to the POL token was announced yesterday after being announced over a year ago. In this article, we mention some of the key points that you should know?

MATIC token migrated to POL

A little over a year ago, Polygon announced the imminent migration of every token from MATIC to POL. Back in July, the company announced that this change would take place on September 4, 2024, which was yesterday.

Now that the deadline has passed, it’s time to get to some key points for investors . For a large percentage of coin holders, there will be nothing to do, as the migration process has been automated. More specifically, this concerns all MATICs on the Polygon PoS network.

This clarification is important, because during such events, scams are rampant and people with bad intentions can place fraudulent links to carry out the migration process.

On the other hand, some operations may be necessary, especially for people who own MATIC on Ethereum (ETH), except for staking operations which will be automatic. For those concerned, an official portal has been created by the Polygon teams.