Please provide Migration information for MATIC Held in Smart Contracts

Created by Mayank Singhal, Modified on Fri, 2 Aug at 1:19 PM by Mayank Singhal

MATIC Held in Smart Contracts on Polygon PoS

  • POL upgrade: MATIC tokens held in smart contracts on Polygon PoS will be upgraded to POL on September 4, 2024. No action is required from contract owners or users.


MATIC Held in Smart Contracts on Ethereum

  • Manual upgrade needed: For MATIC tokens held in smart contracts on Ethereum, users will need to manually interact with the migration contract to upgrade to POL. This process can be done using the Migration Contract.

  • Contract updates: Consider updating the smart contracts to use POL instead of MATIC. This may involve contract redeployment or updates to ensure compatibility with POL token.


MATIC Held in Smart Contracts on zkEVM

  • Manual upgrade or bridging: Similar to Ethereum, users will need to manually upgrade MATIC tokens held in zkEVM smart contracts. Users can swap the tokens on a zkEVM DEX or aggregator, or bridge tokens to Ethereum and use the migration contract.

  • Contract updates: Developers may consider ensuring that the smart contracts on zkEVM are updated to support POL. This may require modifications to the contract code to handle the POL token standard.


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