According to Wu, Polygon announced that its MATIC to POL token migration will take place on September 4. POL will replace MATIC as the native gas and staking token of the Polygon PoS network and will play a key role in the AggLayer.

MATIC holders on Polygon PoS and MATIC stakers and delegators on Ethereum do not need to take any action; MATIC holders on Ethereum, Polygon zkEVM, and CEX may need to migrate.