⚠️🚨Things You Need to Know about the Migration of MATIC Token to POL Token🚨

👉As the crypto space evolves, the networks that support the blockchain must also grow with the transforming blockchain environment. Polygon (previously known as MATIC) has been at the forefront of this shift and has positioned itself as a scalable, secure and stable platform for Ethereum-compatible blockchain networks.

However, the time has come to elevate Polygon's journey, with the important transition of MATIC token to POL. This move is not just a rebranding effort, but a strategic move designed to improve the network capabilities.

This includes upgrading from Polygon's PoS to Validium's zkEVM, implementing POL as a scalable underlying asset, creating new tokenomics and integrating a new governance structure. This anticipated milestone was achieved on 4th September 2024, when the MATIC coin officially shifted to POL.

The conversion rate was set at 1:1 with MATIC, while the new token retained the old Tokenomics and launched with an initial supply of $10 billion. In addition, staked MATIC automatically converted to POL after the launch.

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