How to convert MATIC to POL

According to the official announcement from Polygon, the Polygon network successfully completed a significant upgrade on September 5, 2024, at midnight Singapore time, replacing the native token MATIC with POL at a 1:1 ratio. POL will become the new native gas fee and staking token of the Polygon network, enhancing the scalability and security of the network.

If your MATIC tokens are stored in a Polygon PoS account, the system will automatically complete the token upgrade, and users do not need to take any action. (TokenPocket already supports the automatic exchange feature, so please update your wallet to the latest version). If your MATIC tokens are located in an Ethereum account or a Polygon zkEVM account, please follow the guide below to manually upgrade to POL tokens.

Instructions:

  1. MATIC tokens in an Ethereum wallet

Use the DApp to manually complete the token conversion.

Polygon Portal: https://portal.polygon.technology/pol-upgrade

CowSwap: https://swap.cow.fi/ KyberSwap: https://kyberswap.com/

  1. MATIC tokens in a Polygon zkEVM wallet Open the Polygon Portal: https://portal.polygon.technology/bridge and bridge the MATIC tokens from this wallet address to your Ethereum wallet, then proceed with the upgrade operation described in Step 1.

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