💸How To Migrate $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