Polygon Mainnet Upgrade: MATIC Token Transitioning to POL on September 4, 2024

Polygon is set to undergo a significant mainnet upgrade on September 4, 2024, as approved by its community. This upgrade includes transitioning from the MATIC token to a new token called POL and introducing new smart contracts. “Following PIP-42, consensus was reached that Polygon PoS validators must stake POL (the upgrade to MATIC) to earn