MATIC to POL migration on Polygon will be automatic for holders and stakers. POL will launch on September 4, 2024, replacing MATIC, but the two will work together for consensus and staking.
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#MATIC✅ $MATIC
Are you holding or staking MATIC?
With the renewed Polygon AggLayer thesis, MATIC will be migrated to POL. For MATIC stakers, there will be no manual migration required. Your staked MATIC will automatically be convertible to POL, and will accrue staking rewards while staked.
POL launch is expected on September 4th, 2024. While POL is intended to fully replace MATIC, MATIC and POL will coexist and both serve for consensus and staking. MATIC will essentially become a wrapper token for POL which will limit the migration work for users, stakers, and developers.
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