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Polygon

APR 5.24%
mainnet
Fees 1.00 %
Public key(s)
0xb9ede6f94d192073d8eaf85f8db677133d483249
Market Cap $10,019,049,534 Price$1.12
RewardsWhen staking MATIC for the first time, it takes approximately 12 checkpoints (2-12 hours, depending on the congestion of the Ethereum network) for the delegation to show up in the Polygon web user interface. The minimum for withdrawing or reinvesting staking rewards is 2 MATIC. Unless this amount has been reached, the staking rewards are not claimable. The Withdraw Reward and Restake Reward buttons in the Polygon official staking user interface will likely be grayed out. This minimum is only for staking rewards; the staked tokens themselves can be unbonded at any time.
APR 5.24%
Lock-up periodAround 3-10 days on average, depending on checkpoint frequency, protocol rules and the congestion of the Ethereum network.
CompoundingThe delegator needs to claim manually and restake manually to compound. The optimal compounding frequency depends on how much MATIC the delegator stake and the gas fees to transact on Ethereum, which are very volatile.
Slashing riskSlashing is not yet implemented
Learn about Polygon (MATIC)
Polygon is a blockchain scalability platform that provides secure, scalable, and near-instant transactions via its Layer 2 commit chain and an adapted version of Plasma. Polygon blockchain is compatible with Ethereum Virtual Machine (EVM) and thus supports Solidity as a smart-contract language. Polygon has grown tremendously since its inception and now boasts a large corporate and startup partners ecosystem. In addition to the main Polygon blockchain, Polygon is developing many blockchain scalability services and networks with initiatives including Polygon Avail, Polygon zkEVM (rollups), and Polygon Supernets. The project addresses blockchain-related issues, such as high gas fees and slow speeds, without sacrificing security.
stakinWhy stake with us?
• Solid infrastructure set-up to achieve 99.5%+ uptime with multiple geographically distributed sentries and backup nodes. • Specific infrastructure dedicated to testing upcoming software and protocol upgrades. • 1,000+ delegators have already chosen to stake their MATIC with Stakin. • Polygon testnet participant since 2019. • Strong experience in running critical infrastructure for Mainnet Ethereum Layer 2 networks and scaling solutions. • We offer dedicated support for all your staking, unstaking, and network-related questions.
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