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The Polygon MATIC to POL Token Upgrade: Explained

The Polygon MATIC to POL Token Upgrade: Explained

Explained Series
by
blocmates
October 3, 2024
Layer 1
Polygon

In this video we break down the token upgrade on the Polygon Network which sees MATIC upgraded to POL.

This is not a simple rebrand but the next stage of development for Polygon comprising of new token utility & responsibilities.

If you are a holder of Matic, this video will show you what to do with your tokens upon the upgrade date of September 4th 2024.

share with your circle.

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AI Agents Donate Thousands To Charity
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Fantom to Sonic: Airdrops, Andre Cronje's New Project & The $S Token | With Michael Kong
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How Persistence One is Keeping Bitcoin Users Safe On-chain
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How You Can Get More From Your Bitcoin by Staking with Solv
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Satoshi App: Everything about Bitcoin in one place
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This is How Bittensor Subnets Are Driving Revenue | TAO Talk ep 8
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The Challenges and Sweet Spots of Building on Bitcoin
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Everything You Need to Know About Sophon | SOPH Token, Nodes, Consumer Crypto Apps
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The Latest on AI Meme Coins, Denmark Raises Crypto Tax, MakerDAO Rebrands, Stripe Acquires Bridge
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Truth Terminal Creator Andy Ayrey on GOAT, AI Agents & Meme Coins
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Solana Seeker Exclusive Rewards, Features & Genesis Token
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How Radix is Keeping Institutional Money Interested in DeFi
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Why Competition is Heating Up For Miners in the Bittensor Ecosystem
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Here's Why Crypto Prediction Markets Will Influence the U.S. Presidential Election
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Is This the Ultimate Scaling Solution for Bitcoin? ExSat Explained
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ETH's Existential Crisis: Can ETH Recover from Its Own Success?
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Bitcoin 2.0: exSat is Coming to the Blockchain Space | Founder Series
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Core DAO BTC-Fi Demystified and Decoded | Everything You Need to Know
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The Polygon MATIC to POL Token Upgrade: Explained
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Uncovering the Future of Bitcoin L2s: A Scalability Showdown
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DeFi: Remembering Why Decentralized Finance Matters
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Irys: Redefining Blockchain Data Storage Like Never Before
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Avantis CEO Reveals Bold Plan to Revolutionize DeFi Trading
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The Rise of HarryPotterObamaSonic10Inu Meme Coin
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Why the United States Holding Bitcoin is Such a Risk
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EBTC Could Be the Next Big Thing in Bitcoin DeFi | Founder Series
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How Dinero is Onboarding Institutions & Degens to Ethereum (ETH) Yield
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This Bitcoin Maxi Renounced His US Citizenship for Crypto Freedom
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Alex Kruger: The Bitcoin Supercycle & What It Means for Your Crypto Portfolio
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Introducing Blinks: Phantom’s Plan to Dominate the Crypto Space
Introducing Blinks: Phantom’s Plan to Dominate the Crypto Space
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Colend’s Pioneering Strategy in Bitcoin Finance (BTC-Fi)
Colend’s Pioneering Strategy in Bitcoin Finance (BTC-Fi)
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How To Navigate Hyperliquid: An Airdrop & Points Strategy Guide
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Why Users Hate Bridging and How to Fix It With Socket Protocol
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HypurrFi Brings Euler Finance to Hyperliquid’s Growing Ecosystem
HypurrFi Brings Euler Finance to Hyperliquid’s Growing Ecosystem
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Crypto Investor Makes Historic £9 Million Donation to Reform UK
Crypto Investor Makes Historic £9 Million Donation to Reform UK
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Arthur Hayes Says Tether Is '30% Crash' Away From Insolvency, But Is USDT Really at Risk?
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‘Absolute Cinema’: MegaETH’s Stablecoin Pre-Deposit Turns Into a Live On-Chain Rollercoaster
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Galaxy Digital Exploring Liquidity Provider Role for Polymarket and Kalshi
Galaxy Digital Exploring Liquidity Provider Role for Polymarket and Kalshi
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Cardano Chaos: Developer Mishap Triggers Chain Split, FBI Steps In
Cardano Chaos: Developer Mishap Triggers Chain Split, FBI Steps In
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A "Fair Launch" Meets Flashbots: What Really Happened to Base Co-Founder Token $JESSE?
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"Least Supportive Major Chain?" Founder Calls Out Base Over Promises
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Solomon Labs Caps $SOLO Token Raise at $8M Despite $102M in Commitments
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Fees Near Zero? Hyperliquid’s HIP-3 Sets the Stage for a Market Explosion
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Aave Labs Introduces Savings App With Up to 9% Annual Returns
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Monad’s Mega ICO Falls Flat: Where Did the Hype Go?
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Bitcoin Flashes a Death Cross: Crash Incoming or Bottom Signal
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TKO and Polymarket Bring Real-Time Trading to UFC Fights in Landmark Deal
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Trader Burns $3M Just to Blow a $5M Hole in Hyperliquid’s Vault
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Inside Uniswap Fee Switch, Token Burn Proposal: What’s The Gist?
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JPMorgan Launches Deposit Token JPM Coin for Institutional Clients
JPMorgan Launches Deposit Token JPM Coin for Institutional Clients
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Monad’s Airdrop Leaves Community Almost Empty-Handed, and Furious
Monad’s Airdrop Leaves Community Almost Empty-Handed, and Furious
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Coinbase Just Turned Into a Bank? UK Users Can Now Earn 3.75% on Savings
Coinbase Just Turned Into a Bank? UK Users Can Now Earn 3.75% on Savings
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MegaETH Revokes Influencer’s ICO Allocation After “Hedging” Confession Goes Viral
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Crypto Users Fume as Bank of England Caps Stablecoin Holdings
Crypto Users Fume as Bank of England Caps Stablecoin Holdings
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Crypto Bounces Back as Washington Nears Deal to End 40-Day Shutdown
Crypto Bounces Back as Washington Nears Deal to End 40-Day Shutdown
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Google Finance to Integrate Data from Kalshi and Polymarket Prediction Markets
Google Finance to Integrate Data from Kalshi and Polymarket Prediction Markets
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Crypto Fundraising: Who Raised How Much This Week?
Crypto Fundraising: Who Raised How Much This Week?
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Mastercard Tests Settling Credit Card Payments on XRP Ledger in First-of-Its-Kind Pilot
Mastercard Tests Settling Credit Card Payments on XRP Ledger in First-of-Its-Kind Pilot
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Crypto Sleuth Turned “Chain Guardian”? ZachXBT’s New Role Sparks Debate
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Crypto Continues to Lag Despite Supportive Macro Conditions, Wintermute Says Liquidity is Flowing Elsewhere
Crypto Continues to Lag Despite Supportive Macro Conditions, Wintermute Says Liquidity is Flowing Elsewhere
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Bitcoin Dips Below $105K as Market Follows: Current State of The Crypto Market
Bitcoin Dips Below $105K as Market Follows: Current State of The Crypto Market
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Over $100M in Crypto Drained From Balancer Pools, Team Confirms Ongoing Investigation
Over $100M in Crypto Drained From Balancer Pools, Team Confirms Ongoing Investigation
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MEXC Unfreezes User $3.1M After Public Backlash, But Is a Bigger Crisis Looming?
MEXC Unfreezes User $3.1M After Public Backlash, But Is a Bigger Crisis Looming?
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FTX Had Billions Left? SBF Says the Exchange "Was Never Insolvent”
FTX Had Billions Left? SBF Says the Exchange "Was Never Insolvent”
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Crypto Fundraising: Who Raised How Much This Week?
Crypto Fundraising: Who Raised How Much This Week?
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Trump Media Partners with Crypto.com to Launch Truth Predict on Truth Social
Trump Media Partners with Crypto.com to Launch Truth Predict on Truth Social
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Visa Doubles Down on Crypto, Expands Stablecoin Support to Four New Blockchains
Visa Doubles Down on Crypto, Expands Stablecoin Support to Four New Blockchains
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Securitize to Go Public via Cantor Equity Partners Merger at $1.25 Billion Valuation
Securitize to Go Public via Cantor Equity Partners Merger at $1.25 Billion Valuation
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PayPal Is Plugging Directly Into ChatGPT, Here's What the New Deal with OpenAI Entails
PayPal Is Plugging Directly Into ChatGPT, Here's What the New Deal with OpenAI Entails
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PulseChain Founder Richard Heart Moves $125 Million in ETH and Sends It Through Tornado Cash
PulseChain Founder Richard Heart Moves $125 Million in ETH and Sends It Through Tornado Cash
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ETHZilla Dumps $40M in ETH to Buy Back Its Own Shares
ETHZilla Dumps $40M in ETH to Buy Back Its Own Shares
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The Next Big Blockchain? MEGAETH’s ICO Hits $1B Valuation Before You Could Refresh
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The Internet’s Forgotten “Payment Required” Code Is Back and Coinbase Just Made It On-Chain
The Internet’s Forgotten “Payment Required” Code Is Back and Coinbase Just Made It On-Chain
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11 Years Later and Still Waiting: Mt. Gox Pushes Bitcoin Repayments to 2026
11 Years Later and Still Waiting: Mt. Gox Pushes Bitcoin Repayments to 2026
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Japan Enters the Stablecoin Race: JPYC Launches Nation’s First Yen-Backed Token
Japan Enters the Stablecoin Race: JPYC Launches Nation’s First Yen-Backed Token
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Trump Pardons Binance Founder CZ, Ending What He Calls “Biden’s War on Crypto”
Trump Pardons Binance Founder CZ, Ending What He Calls “Biden’s War on Crypto”
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“Trust Me Bro Token”: CZ Criticizes at Peter Schiff’s Tokenized Gold Plans
“Trust Me Bro Token”: CZ Criticizes at Peter Schiff’s Tokenized Gold Plans
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Kinetiq Foundation Announces KNTQ Token Launch, Allocating 24% to kPoints Holders
Kinetiq Foundation Announces KNTQ Token Launch, Allocating 24% to kPoints Holders
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NHL Signs Multi-Year Licensing Deals with Kalshi and Polymarket, Enters Prediction Market Space
NHL Signs Multi-Year Licensing Deals with Kalshi and Polymarket, Enters Prediction Market Space
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Kadena’s Meltdown: From ‘Next-Gen Blockchain’ to Full Shutdown and Fraud Allegations
Kadena’s Meltdown: From ‘Next-Gen Blockchain’ to Full Shutdown and Fraud Allegations
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Your New AI Best Friend Just Hatched: Zumi Lands on the App Store
Your New AI Best Friend Just Hatched: Zumi Lands on the App Store
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Coinbase Just Bought Cobie’s Echo, and It Might Change How Crypto Startups Raise Money
Coinbase Just Bought Cobie’s Echo, and It Might Change How Crypto Startups Raise Money
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Coinbase Buys Cobie’s Up Only NFT for $25M, Now He Has to Podcast Again
Coinbase Buys Cobie’s Up Only NFT for $25M, Now He Has to Podcast Again
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RedStone CMO Faces Backlash Over Doxxing, Psy-Ops Campaign
RedStone CMO Faces Backlash Over Doxxing, Psy-Ops Campaign
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nof1.ai Introduces Alpha Arena, a Platform for AI-Powered Trading Competitions
nof1.ai Introduces Alpha Arena, a Platform for AI-Powered Trading Competitions
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Japan’s FSA Considers Allowing Banks to Trade and Hold Cryptocurrencies
Japan’s FSA Considers Allowing Banks to Trade and Hold Cryptocurrencies
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Ethereum Researcher Dankrad Feist Departs to Join Tempo as Layer 1 Advisor
Ethereum Researcher Dankrad Feist Departs to Join Tempo as Layer 1 Advisor
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From Boom to Bust: QMMM’s $100M Crypto Dream Ends in SEC Meltdown
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Believe App’s $BELIEVE Token Launch Backfires Over “Math Error” and Supply Confusion
Believe App’s $BELIEVE Token Launch Backfires Over “Math Error” and Supply Confusion
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MegaETH To Go Public: Cobie’s Sonar to Host the Project’s First ICO
MegaETH To Go Public: Cobie’s Sonar to Host the Project’s First ICO
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FT Expose: Inside Trump’s $1 Billion Crypto Empire, and the Policies Powering It
FT Expose: Inside Trump’s $1 Billion Crypto Empire, and the Policies Powering It
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DeFi Drama on Solana: Withdrawal Delays Spark User Frustration as Founder Calls The Arena a ‘Small Beta’
DeFi Drama on Solana: Withdrawal Delays Spark User Frustration as Founder Calls The Arena a ‘Small Beta’
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$15 Billion Bitcoin Seized: Prince Group Chairman Indicted in Global Crypto Scam
$15 Billion Bitcoin Seized: Prince Group Chairman Indicted in Global Crypto Scam
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Monad Airdrop Goes Live: Here's Everything We Know So Far
Monad Airdrop Goes Live: Here's Everything We Know So Far
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Dogecoin Foundation’s House of Doge to Go Public via Merger with Brag House
Dogecoin Foundation’s House of Doge to Go Public via Merger with Brag House
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Kalshi Integrates with Pyth to Expand Access to Onchain Prediction Market Feeds
Kalshi Integrates with Pyth to Expand Access to Onchain Prediction Market Feeds
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Hyperliquid Prepares to Activate HIP-3 Upgrade, Unlocking Permissionless Perp Markets
Hyperliquid Prepares to Activate HIP-3 Upgrade, Unlocking Permissionless Perp Markets
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The Weekend Crypto Armageddon: 1.6 Million Traders Liquidated in $19B Wipeout
The Weekend Crypto Armageddon: 1.6 Million Traders Liquidated in $19B Wipeout
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Kalshi Raises $300M, Expands Prediction Market Access to 140 Countries
Kalshi Raises $300M, Expands Prediction Market Access to 140 Countries
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From 100-Year Threat to Settlement: Roger Ver’s $48M DOJ Deal Explained
From 100-Year Threat to Settlement: Roger Ver’s $48M DOJ Deal Explained
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Is the U.S. Senate Trying to Ban DeFi? New Proposal Sparks Fierce Backlash
Is the U.S. Senate Trying to Ban DeFi? New Proposal Sparks Fierce Backlash
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UK Government to Appoint ‘Digital Markets Champion’ for Tokenization Efforts
UK Government to Appoint ‘Digital Markets Champion’ for Tokenization Efforts
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Sorare Outlines Roadmap for Migration to Solana and Expanded Payment Options
Sorare Outlines Roadmap for Migration to Solana and Expanded Payment Options
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MetaMask Just Added Perps Trading — And Polymarket Is Next
MetaMask Just Added Perps Trading — And Polymarket Is Next
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Ethena and Jupiter Partner to Launch Solana-Native Stablecoin JupUSD
Ethena and Jupiter Partner to Launch Solana-Native Stablecoin JupUSD
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UK Softens Crypto Stance: BOE to Carve Out Stablecoin Caps After Backlash
UK Softens Crypto Stance: BOE to Carve Out Stablecoin Caps After Backlash
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Trump Coin Gets a Lifeline: Memecoin Issuer Exploring $200M+ Raise for Digital Asset Treasury
Trump Coin Gets a Lifeline: Memecoin Issuer Exploring $200M+ Raise for Digital Asset Treasury
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$15B Valuation Before Launch? Hyperliquid Opens Trading on Monad Token Before Launch
$15B Valuation Before Launch? Hyperliquid Opens Trading on Monad Token Before Launch
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Meteora Introduces Phoenix Rising Plan with Full Token Unlock at TGE
Meteora Introduces Phoenix Rising Plan with Full Token Unlock at TGE
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Plume Network Proposes $1M Acquisition of Dinero Protocol
Plume Network Proposes $1M Acquisition of Dinero Protocol
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Bull Run Back On? Bitcoin Hits New ATH of $126,080, Over $365M in Liquidations Recorded
Bull Run Back On? Bitcoin Hits New ATH of $126,080, Over $365M in Liquidations Recorded
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NYSE Parent Nears $2 Billion Investment in Polymarket, WSJ Reports
NYSE Parent Nears $2 Billion Investment in Polymarket, WSJ Reports
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Swiss Regulator Opens Probe Into FIFA’s Blockchain-Based Ticketing for 2026 World Cup
Swiss Regulator Opens Probe Into FIFA’s Blockchain-Based Ticketing for 2026 World Cup
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Going for Satoshi’s Wallet? Programmer Claims Math Breakthrough Could Unlock Bitcoin’s Billion-Dollar Fort Knox
Going for Satoshi’s Wallet? Programmer Claims Math Breakthrough Could Unlock Bitcoin’s Billion-Dollar Fort Knox
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Did Aster Fake Its Volumes? DefiLlama Delisting Sends Token Sliding
Did Aster Fake Its Volumes? DefiLlama Delisting Sends Token Sliding
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NASDAQ-Listed Fitell Updates Crypto Treasury Strategy With Pump.fun Token Allocation
NASDAQ-Listed Fitell Updates Crypto Treasury Strategy With Pump.fun Token Allocation
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CME Group to Introduce 24/7 Trading for Crypto Futures and Options in 2026
CME Group to Introduce 24/7 Trading for Crypto Futures and Options in 2026
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Barron Trump, 19, Outpaces Melania in Wealth With $150M Crypto Fortune
Barron Trump, 19, Outpaces Melania in Wealth With $150M Crypto Fortune
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Plasma Battles FUD: Co-Founder Rejects Claims of Team Dumping XPL Tokens
Plasma Battles FUD: Co-Founder Rejects Claims of Team Dumping XPL Tokens
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From Beta to Mainnet: Ethereum L2 Platform Lighter Goes Live With ZK Circuits for Trading
From Beta to Mainnet: Ethereum L2 Platform Lighter Goes Live With ZK Circuits for Trading
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blocmates Validator Goes Live on Solana Mainnet
blocmates Validator Goes Live on Solana Mainnet
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Stripe Unveils Open Issuance Platform for Custom Stablecoins
Stripe Unveils Open Issuance Platform for Custom Stablecoins
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Robinhood Wants to Take Prediction Markets Global, Can It Outpace Polymarket
Robinhood Wants to Take Prediction Markets Global, Can It Outpace Polymarket
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World’s Biggest Bitcoin Bust? $6.7B Seized as Chinese ‘Goddess of Wealth’ Faces Conviction
World’s Biggest Bitcoin Bust? $6.7B Seized as Chinese ‘Goddess of Wealth’ Faces Conviction
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The State of Crypto KOLs in 2025: Awards, Bots, and the Business of Attention
The State of Crypto KOLs in 2025: Awards, Bots, and the Business of Attention
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Crypto Streamers Arrested After Placing Pump.fun Banner on Hollywood Sign
Crypto Streamers Arrested After Placing Pump.fun Banner on Hollywood Sign
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Starknet Launches Bitcoin Staking and Yield Product as Part of BTCFi Expansion
Starknet Launches Bitcoin Staking and Yield Product as Part of BTCFi Expansion
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Flying Tulip Secures $200M in Seed Funding, Plans Public Token Sale
Flying Tulip Secures $200M in Seed Funding, Plans Public Token Sale
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Is This the NFT Comeback? Hyperliquid Launches Hypurr Collection on HyperEVM
Is This the NFT Comeback? Hyperliquid Launches Hypurr Collection on HyperEVM
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Hypervault Rug Pull? PeckShield Flags Millions Lost as Project Goes Dark
Hypervault Rug Pull? PeckShield Flags Millions Lost as Project Goes Dark
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SEC and FINRA Investigate Stock Movements Tied to Crypto Treasury Disclosures
SEC and FINRA Investigate Stock Movements Tied to Crypto Treasury Disclosures
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Bitwise Seeks Approval for Hyperliquid ETF, First of Its Kind in the U.S
Bitwise Seeks Approval for Hyperliquid ETF, First of Its Kind in the U.S
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Crypto Fundraising: Who Raised How Much This Week?
Crypto Fundraising: Who Raised How Much This Week?
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