As part of Polygon’s network upgrade, $POL replaced $MATIC as the new network token. At Coinmetro, we supported 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 was listed on Coinmetro with both deposits and trading being enabled.
MATIC/POL on Ethereum Network
End of 2024: $POL support was added for the Ethereum network.
$MATIC on the Ethereum network remain unchanged until further notice.
All customer $MATIC balances were migrated to $POL at a 1:1 conversion rate after the full migration was completed, and separate communication was shared regarding possible deadlines.
Staking information
Current Stakers: If you have MATIC staked, you can continue staking and earning rewards without interruption.
Summary
This migration marked an important upgrade for the 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.