Polygon announces the migration of its native token from MATIC to POL, aiming to enhance functionality and support for its layer 2 chains ecosystem.
Points
- Polygon to migrate from MATIC to POL on September 4.
- The upgrade will support Polygon’s expanding zero-knowledge-based layer 2 chains.
- POL tokens will replace MATIC as the native gas and staking token.
- Manual upgrade process required for MATIC holders.
Polygon is advancing its network through its 2.0 roadmap to strengthen its zero-knowledge-based layer 2 chains ecosystem. Scheduled for September 4, the upgrade will transition the original MATIC token to POL tokens on the Polygon proof-of-stake （PoS） network.
Launched on October 25 alongside the Ethereum contract for POL tokens, this upgrade aims to enhance the functionality of Polygon’s native token. It will facilitate support for a diverse array of aggregated blockchains, referred to as AggLayer, within Polygon’s expanding network.
Polygon Prepares for POL Token Mainnet Migration
During the initial phase, POL tokens will replace MATIC as the native gas and staking token for the Polygon proof-of-stake （PoS） network. The Polygon community anticipates significant advancements with the new POL token, aiming for a “future-proof” native asset.
Preparing for the POL Mainnet Upgrade
MATIC holders on Ethereum, Polygon zkEVM, or centralized exchanges will need to undergo a manual upgrade process. This may involve bridging tokens, updating smart contracts, or utilizing a migration contract, depending on the specific case.
Important Note on Wallet Settings: The announcement emphasized that users must update their RPC （Remote Procedure Call） settings in wallets such as MetaMask, Rabby, Zerion, etc. Failure to do so could result in wallets displaying “MATIC” instead of “POL” as the token symbol for the native gas token on the Polygon PoS chain.
Polygon Labs and TON Application Chain EVM Integration
Polygon Labs continues to innovate and integrate new technologies to expand its ecosystem. The migration to POL tokens is a significant step in ensuring the network’s scalability, security, and functionality. The new POL token will play a crucial role in supporting Polygon’s vision of a comprehensive, zero-knowledge-based layer 2 ecosystem.
解説
- Layer 2 Chains: Solutions built on top of a blockchain （Layer 1） to increase scalability and reduce transaction costs. They inherit the security of the underlying blockchain while offering enhanced performance.
- Zero-Knowledge Proofs （ZK Proofs）: Cryptographic methods that enable one party to prove to another that a statement is true without revealing any additional information. This technology enhances privacy and scalability.
- Remote Procedure Call （RPC） Settings: Configuration settings in a wallet that allow it to communicate with the blockchain. Updating these settings ensures that the wallet recognizes and interacts correctly with the network and its tokens.
The MATIC to POL migration marks a pivotal moment for Polygon as it strengthens its network infrastructure. This upgrade will enhance the platform’s ability to support a wide range of applications and services, driving further adoption and innovation within the blockchain space. Investors and users should prepare for the migration process to ensure a smooth transition and continued engagement with the Polygon ecosystem.