diff --git a/README.md b/README.md
index 75a30ba0..7285f53f 100644
--- a/README.md
+++ b/README.md
@@ -12,7 +12,6 @@ CHILD_GAS_PRICE=<GAS PRICE IN WEI>
 STAKE_MANAGER=<STAKE MANAGER ADDRESS (POLYGON FOUNDATION)>
 MATIC_TOKEN=<ADDRESS OF THE MATIC ERC20 TOKEN>
 MANAGER=<ADDRESS THAT WILL BE USED AS A MANAGER>
-INSTANT_POOL_OWNER=<ADDRESS THAT WILL BE USED AS AN OWNER FOR INSTANT POOL>
 TREASURY=<ADDRESS THAT WILL BE USED AS A TREASURY FOR REVENUE COLLECTION>
 FX_ROOT=<FX ROOT ADDRESS ON ETHEREUM (POLYGON FOUNDATION)>
 FX_CHILD=<FX CHILD ADDRESS ON POLYGON (POLYGON FOUNDATION)>
diff --git a/contracts/MaticX.sol b/contracts/MaticX.sol
index 351bdc80..25aa22ae 100644
--- a/contracts/MaticX.sol
+++ b/contracts/MaticX.sol
@@ -23,7 +23,6 @@ contract MaticX is
 {
 	using SafeERC20Upgradeable for IERC20Upgradeable;
 
-	bytes32 public constant INSTANT_POOL_OWNER = keccak256("IPO");
 	bytes32 public constant PREDICATE_ROLE = keccak256("PREDICATE_ROLE");
 	bytes32 public constant BOT = keccak256("BOT");
 
diff --git a/scripts/deployers.ts b/scripts/deployers.ts
index f988a53a..316f0cac 100644
--- a/scripts/deployers.ts
+++ b/scripts/deployers.ts
@@ -136,7 +136,6 @@ export class MaticXDeployer
 			envVars.STAKE_MANAGER,
 			envVars.MATIC_TOKEN,
 			envVars.MANAGER,
-			envVars.INSTANT_POOL_OWNER,
 			envVars.TREASURY
 		);
 	};