Crypto Updates

Polygon’s Mainnet Upgrade: MATIC to POL Transition Set for September 4, 2024

MATIC TOKEN POLYGON

Polygon is set to undergo a significant mainnet upgrade on September 4, 2024, transitioning from the native MATIC token to a new token, POL, following community approval. Migration Process According to a July 18 blog post by Polygon Labs, “Following PIP-42, consensus was reached that Polygon PoS validators must stake POL (the upgrade to MATIC) …

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