What should I do with my matics on the ledger? Polygon

Question

Polygon Official Community

BG

What should I do with my matics on the ledger? Polygon

team in a very ridiculous and amateur situation. They fail to support their investors during this migration process
😠

#blockchain #cryptocurrency #english #matic

0

16.11.2023

10 ответов

51 просмотр

Beerus

In short: no action required on your part at the moment. When/if that changes, we will of course let you know. So best to keep an eye out on the announcements/socials. Cheers.

0

16.11.2023

BG Автор вопроса

Beerus
How did we fail? We have repeatedly said there is ...

Below is the official statement from the Ledger support team. What they say is not the same as what you say. Which one is right??? My intention is not to fight with you. I just want to learn the right information and do the right thing. Polygon 2.0 POL token upgrade The Polygon team has recently announced that the POL token upgrade is now live on the Ethereum network. If your MATIC coins aren’t held on a crypto exchange, your ERC20 MATIC won’t automatically convert to POL within your Ledger account. Instead, this conversion must be executed manually through a transaction with your Ledger device. Please note that converting MATIC to POL is optional at this stage. If you wish to convert, you can use Paraswap located in the Discover section in Ledger Live to swap MATIC for POL. When using Paraswap, ensure that your MATIC tokens are held in your Ethereum (ETH) account and not in your Polygon account and follow the steps for the swap here: youtube. be/UtolyXJoMO8 Please note that it's not possible to convert MATIC for POL from a Polygon account yet.

0

16.11.2023

Beerus

BG
Below is the official statement from the Ledger su...

This is one way to convert. Another is to simply sell your Matic and buy POL. There are many ways. My point is: no actions is REQUIRED at the moment. If you wish to convert them, feel free.

0

16.11.2023

BG Автор вопроса

Beerus
This is one way to convert. Another is to simply s...

If we dont migrate from matic to POL today and the value of matic decreases but the value of POL increases, what will be the loss?

0

16.11.2023

Beerus

BG
If we dont migrate from matic to POL today and th...

Nothing. You will be able to migrate at a 1:1 ratio.

0

16.11.2023

maverick

we have 4 years to swap 1:1 you should real the official blog post & whitepaper dude

0

16.11.2023

BG Автор вопроса

maverick
we have 4 years to swap 1:1 you should real the ...

Will matic remain on the market for the next 4 years?

0

16.11.2023

Beerus

BG
Will matic remain on the market for the next 4 yea...

Not necessarily. But you can swap.

0

16.11.2023

Pajlc0

BG
Below is the official statement from the Ledger su...

So if matic is in polygon account in ledger hardware wallet, then no migration is needed rt? Please confirm

0

16.11.2023

Beerus · Accepted Answer

Beerus

How did we fail? We have repeatedly said there is NO action required on your part as Matic holders at the moment. Kindly read the pinned messages and the history of the chat before saying negative things, this question has been asked multiple times daily and answered multiple times.

0

16.11.2023

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