Polygon Adds migrateTo() Function for Final MATIC-to-POL Migration Phase
Polygon Adds migrateTo() Function for Final MATIC-to-POL Migration Phase
馃攧 Final migration piece
Polygon introduces a new migrateTo() function that allows users to migrate MATIC tokens directly to another wallet address during the POL upgrade process.
Key Features:
- Direct wallet-to-wallet migration capability
- Enables exchanges and institutions to handle migrations on behalf of users
- Streamlines the final migration steps
Migration Progress: With 99.18% of the migration already complete, this new feature addresses the remaining technical hurdles for the final users and institutional holders.
Benefits:
- Simplified process for exchanges
- Reduced friction for institutional migrations
- Enhanced flexibility for end users
This addition represents the final technical piece needed to complete Polygon's transition from MATIC to POL as the network's native token.
New feature coming for POL upgrade. migrateTo() will enable users to migrate MATIC to POL directly to another wallet. The contract addition also enables exchanges/institutions to handle migrations seamlessly, on behalf of their users. With migration already 99.18% complete,
Enhancing functionality and flexibility for MATIC to POL upgrade Following PIP-57, the migrateTo function will be added to the POL migration contract. The addition enables users to migrate MATIC to POL, while specifying a separate recipient address of their choice. The 10-day
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