💸 How to migrate your $PLOT to Polygon

Background

  • PlotX v2 is moving to Matic PoS Chain, one of the L2 solutions offered by the Polygon ecosystem

  • When you're migrating your $PLOT to Polygon, you are essentially migrating your $PLOT to the Matic PoS Chain

Migrating from Ethereum

Summary

  • Open the Matic Bridge v2

  • Connect your wallet

  • Search for $PLOT and select it

  • Enter the amount of $PLOT you want to migrate

  • Approve the initiated transaction(s)

  • Once the transaction(s) is successful, your funds will arrive in the connected wallet on Matic Network in 8-10 minutes

Step 1 - Open Matic Bridge v2

  • Go to the Matic Bridge v2 and log in using the wallet which is currently holding your $PLOT

  • Once you log in, you'll see a screen like this:

  • This is the Matic Bridge v2

  • You can use this bridge to migrate your funds between Ethereum and Polygon (Matic PoS Chain)

Step 2 - Select $PLOT

  • Click on the drop-down menu available in the 'Ethereum' section

  • Search for 'PLOT' and select it

Step 3 - Enter the amount

  • After selecting $PLOT, enter the amount of $PLOT you want to migrate from Ethereum to Polygon

Since the migration process involves paying gas fees on Ethereum, it makes more economic sense to bridge a larger amount of $PLOT in one go rather than bridging smaller amounts multiple times.

Step 4 - Approve the Transfer transactions

  • After entering the amount of $PLOT you want to migrate from Ethereum to Polygon, simply click the 'Transfer' button

  • Click on 'Continue' and you'll see an estimation of the gas fees you'll need to pay on Ethereum

  • Click on 'Continue' and you'll see a summary of your transaction

  • Click on 'Continue' and approve the initiated transactions

  • You'll need to make a one-time Approval transaction to allow the Matic protocol to spend your $PLOT, and once that is confirmed, another Confirmation transaction that'll seal the deal

  • Once both transactions are successful, you'll be able to find the transferred amount of $PLOT in your connected wallet on Polygon (Matic PoS Chain) in 8-10 minutes

Step 5 - Verify the transfer

  • You can verify the transfer by searching for your wallet address in Matic explorer

  • Another important step after the successful transfer is adding the Matic Network in your MetaMask

  • To add the Matic PoS Chain on your MetaMask, you can go to QuickSwap and click on this button:

  • Another way of adding the Matic PoS chain to your MetaMask is by doing it manually. Click on the network drop down menu and add a custom RPC with the following details:

    • Network Name - Matic Network

    • Network URL - https://rpc-mainnet.maticvigil.com/

    • Chain ID - 137

    • Currency Symbol - MATIC

    • Block Explorer URL - https://explorer-mainnet.maticvigil.com/

  • Once, you've added the Matic Network (Matic PoS Chain) to your MetaMask, the next step is to add $PLOT as one of the assets

  • Contract address on $PLOT on Matic Network: 0xe82808eaA78339b06a691fd92E1Be79671cAd8D3

Migrating from AscendEX

Step 1 - Log in to your AscendEX account

Step 2 - Navigate to My Asset > Total Asset

Step 3 - Go to the withdraw section of your Cash Account

Step 4 - Select $PLOT

Step 5 - Fill in the details

  • Select the network where you want to receive your $PLOT (in this case, that is Matic Network)

  • Enter the wallet address where you want to receive your $PLOT

  • Enter the amount of $PLOT you want to withdraw

  • Click 'Confirm'

Step 6 - Verify the transfer

  • You can verify the transfer by searching for your wallet address in Matic explorer

  • Another important step after the successful transfer is adding the Matic Network in your MetaMask

  • To add the Matic PoS Chain on your MetaMask, you can go to QuickSwap and click on this button:

  • Another way of adding the Matic PoS chain to your MetaMask is by doing it manually. Click on the network drop down menu and add a custom RPC with the following details:

    • Network Name - Matic Network

    • Network URL - https://rpc-mainnet.maticvigil.com/

    • Chain ID - 137

    • Currency Symbol - MATIC

    • Block Explorer URL - https://explorer-mainnet.maticvigil.com/

  • Once, you've added the Matic Network (Matic PoS Chain) to your MetaMask, the next step is to add $PLOT as one of the assets

  • Contract address on $PLOT on Matic Network: 0xe82808eaA78339b06a691fd92E1Be79671cAd8D3