MATIC ➜ POL - New token on Ts Platform and Ts RAMP
After a year of community discussions and consensus, Polygon has announced a major upgrade to its native token. MATIC has been upgraded to POL, the new token that will power the Polygon network.
Polygon (formerly Matic Network) is a blockchain platform designed to establish a multi-chain ecosystem that is fully compatible with Ethereum. Utilizing a proof-of-stake consensus mechanism, it efficiently processes transactions on-chain, similar to Ethereum, while enhancing scalability and reducing costs.
🔄 To ensure a hassle-free process for our users, we automatically converted all MATIC tokens held on our platform to POL.
No action is needed on your part. Your MATIC tokens have already been automatically migrated to POL. The conversion occurred at a 1:1 rate, meaning that for every MATIC token you held, you have received an equivalent amount of POL tokens.
This change will not affect your access to any of the services we offer on Tradesilvania.
🚨 Please remember that for any new transfers to your Tradesilvania Wallet using POL, you need to generate a new address from the wallet section of the app.
Supported operations for POL:
- Buy POL with RON and EUR via Tradesilvania Platform and Tradesilvania RAMP.
- Easily swap from BTC, USDC, and USDT to POL.
- Ready to use digital wallet to manage POL.
- Deposit POL into your wallet or withdraw it to fiat currency.
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