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Lently.
Dec 31, 2024
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Is stMATIC to POL conversion always 1:1?

I've been staking MATIC using Lido, and I'm planning to unstake and convert to POL in the future. I'm worried about the conversion rate between stMATIC and POL not being 1:1 if I decide to do it in a few months. Is there any danger in delaying the conversion, and what does Polygon recommend?

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loth.broke.
Dec 31 2024, 06:24

The conversion rate of stMATIC to POL is locked at 1:1, which means you can convert without losing value even if you wait for a few months. MATIC is backwards compatible, so there should be no problem if you choose to hold off on the conversion initially.

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