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description: What to do and what to expect
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# Announcement for the V2

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Staking pools on Harmony and BSC are closed. Holders have been instructed to break their LPs via [https://staking.one-immortl.com/](https://staking.one-immortl.com/)



**New Immortl token launched on MATIC**

* Presale on PinkSale on Feb 12th - 48 hour sale
* The presale will be raised on BSC network and given an IOU token. Investors will be airdropped the equivalent amount in IMRTL on the MATIC network&#x20;
* Current trading of the V1 Immortl token is paused as current liquidity will be added to the new liquidity pair on MATIC. Funds raised from the presale will be additionally added to the liquidity being brought over.
* A snapshot has been taken of current token holders on Harmony, Binance Smart Chain, and MATIC of the IMRTL token which could be bridged via Multichain
* Liquidity will be launched on QuickSwap after the presale is completed\


For those who are not aware, the One Immortl staking pools on Harmony and Binance Smart Chain (BSC) have closed.&#x20;

The core team has decided to fully migrate to Polygon by ways of launching a new and upgraded version of the Immortl (IMRTL) token on the MATIC network. There will be a 48-hour presale in PinkSale ([https://www.pinksale.finance/](https://www.pinksale.finance/)) for the new IMRTL token, beginning on February 12th.

The presale will be raised on the Binance Smart Chain network, and investors will be given an “IOU” token. This means that once the presale is complete, investors will be airdropped the equivalent amount of IMRTL on the MATIC network.

As a result of the launch of the new IMRTL token, trading of the original IMRTL token (V1) has been paused. A snapshot has been taken of current token holders on Harmony, Binance Smart Chain, and MATIC of the IMRTL token which could have been bridged via Multichain. With this snapshot, we have noted who help V1 IMRTL tokens, and these holders will be airdropped the equivalent in value of the new token.

Liquidity will be added to QuickSwap with an IMRTL/MATIC pair after the presale is completed. The funds raised from the presale will be added to the liquidity being brought over from the original IMRTL token, ensuring that the new IMRTL token will have plenty of liquidity from the start.\
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