There are no immediate deadlines for MATIC holders on Ethereum and Polygon zkEVM to upgrade to POL. However, the community will have the authority to set a deadline in the future.
Tom Wan, a research strategist at 21.co, said these processes would increase the progress of the token migration to more than 50%. Dune analytics data pegs the token migration progress at 0.1% as of press time.
The POL upgrade testnet launched on July 17. This testnet allows users and developers to familiarize themselves with the upgrade ahead of the mainnet migration.
POL utility