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September 6th3 min read

Polygon Completes Historic MATIC to POL Migration, Enables Native Staking

Polygon officially completed its massive MATIC to POL migration on September 3rd, marking the network's biggest upgrade yet. The transition enables native staking on Ethereum and powers the next phase of Polygon's evolution.

Key takeaways

🚀 Migration Complete: 97.83% of MATIC holders successfully upgraded to POL, with the transition now fully live across the Polygon network.

💰 Native Staking Live: Users can now stake POL directly on Ethereum to earn validator rewards, expanding the token's utility beyond gas fees.

📈 Market Response: Trading volume peaked at $631M on September 1st in a classic 'buy the rumor' scenario, with price consolidating around $0.28 post-announcement.

🏗️ Infrastructure Upgrade: POL will power Polygon's AggLayer cross-chain solution and support the network's ambitious 100,000 TPS roadmap.

🌐 Growing Adoption: Network fundamentals remain strong with 527 million unique addresses and $1.23B TVL, up 43% year-to-date.

Deep dive

Polygon's transition from MATIC to POL represents more than a simple token swap—it's a fundamental infrastructure upgrade positioning the network for its next growth phase.

The migration maintained a 1:1 ratio while introducing new tokenomics with 2% annual emissions over ten years to fund network security and development grants.

The successful completion enables native staking directly on Ethereum, allowing POL holders to earn validator rewards while securing the network.

This upgrade is particularly significant as it prepares Polygon for its AggLayer implementation, designed to create unified cross-chain liquidity and interoperability.

With strong network fundamentals including consistent user growth and a robust DeFi ecosystem, the POL transition establishes the foundation for Polygon's ambitious roadmap targeting 100,000 transactions per second.

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Disclaimer: This article may contain content generated or assisted by AI, based on information from public sources. While we aim for accuracy, no content should be taken as financial or trading advice. Always do your own research and consult a professional before making investment decisions. Markets are volatile and involve risk.

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