Hello, Hubbers.

In the light of the transition from MATIC to POL, Polygon will implement a mainnet upgrade on September 4, 2024, transitioning from its native token, MATIC, to a new token with the ticker POL and updated smart contracts, following community approval.

Following the upgrade, POL will become the primary token for gas fees and staking within the network in its initial phase. POL is designed to maintain the existing tokenomics, distribution, and total supply of MATIC.

What will You Do?

1. For this task, you will create a Binance Square article and a CMC post to expatiate on the following topics and questions:

   1. What is the POL upgrade?

   2. How will the migration process work?

   3. What happens to MATIC holders?

   4. Is this move beneficial to the Polygon Ecosystem?

2. Find the related Hashtags (#Polygon, $MATIC, $POL) of each Square and CMC and use them in your articles to maximize engagement within the first 200 characters of your composition. 

3. Make a Post on your X account with a brief introduction to your articles and paste the links of your articles in it, adding the mandatory mentions below depicted.

4. Submit the link to your articles and X Post to this task description to complete your assignment.

Guide:

• https://polygon.technology/blog/save-the-date-matic-pol-migration-coming-september-4th-everything-you-need-to-know

Hashtags and Mentions:

• @0xPolygon 

• #Polygon

• #PolygonHub

• $MATIC 

• $POL

Rewards:

• 50 points for valid for valid submission

• Top 5 will earn up to 700 points and a 0.1 Reputation.