Convert Polygon Ecosystem Token POL to Polygon MATIC
POL to MATIC: 1 Polygon Ecosystem Token converts to 1.00 MATIC as of July 18 at 5:37 AM
About POL and MATIC
Polygon Ecosystem Token is falling, while Polygon is climbing this week. The current POL to MATIC conversion rate is 1. Inversely, this means that if you convert 1 MATIC you will get 1 POL. The conversion rate of POL/MATIC has decreased by 0.08% in the last hour (MATIC/POL increased by 0.08%). In the last 24 hours, POL/MATIC shrunk by 0.14%, while MATIC/POL grew by the same amount.
The exchange rate of Polygon Ecosystem Token is decreasing. The current value of 1 POL is 1.00 MATIC. In other words, to buy 5 Polygon Ecosystem Token, it would cost you 4.99 MATIC. Inversely, 1 MATIC would allow you to trade for 1.00 POL while 50 MATIC would convert to 50.08 POL, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.16%. Meanwhile, in the last 24 hours, the rate has changed by 0.27%, which means that the highest exchange rate of 1 POL to MATIC was 1.00 MATIC and the lowest 24 hour value was 1 POL for 1.00 MATIC. Last month, 1 POL was worth 1.00 MATIC. Today, it's down 0.16%. Looking back a year, Polygon Ecosystem Token has changed by 1.00 MATIC. That means that in a single year, the value of Polygon Ecosystem Token has shrank by 0.38%.
Polygon Ecosystem Token Market Stats
POL is the upgraded version of MATIC. It functions as the native gas token on Polygon PoS. Polygon PoS validators must stake POL to earn protocol rewards and transaction fees in POL. POL’s enhanced utility also allows validators to validate any Polygon chain.
Polygon Market Stats
Polygon was formerly called Matic Network. Polygon (MATIC) is an Ethereum token that powers the Polygon Network, a scaling solution for Ethereum. Polygon aims to provide faster and cheaper transactions on Ethereum using Layer 2 sidechains, which are blockchains that run alongside the Ethereum main chain. Users can deposit Ethereum tokens to a Polygon smart contract, interact with them within Polygon, and then later withdraw them back to the Ethereum main chain. The MATIC token is used to pay transaction fees and participate in proof-of-stake consensus.