Delegate MATIC with Everstake: 0x3f4ce357b9d61d3b904492b8b5abc69c6c693720
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Reward calculator - calculate how much you will get
What is Polygon?
Polygon Network is a Layer 2 scaling solution that achieves scale by utilizing sidechains for off-chain computation while ensuring asset security using the Plasma framework and a decentralized network of Proof-of-Stake (PoS) validators. Polygon strives to solve the scalability and usability issues while not compromising on decentralization and leveraging the existing developer community and ecosystem. Polygon Network is an off/side chain scaling solution for existing platforms to provide scalability and superior user experience to DApps/user functionalities.
Read more in our overview article:
Also you can read their official documentations.
You can delegate your MATIC tokens by using different wallets. Read the guides and find out how to delegate MATIC tokens:
If you are interested in staking 100 000 $ (in MATIC tokens) and over, please reach us via [email protected] - you will be able to obtain advantageous staking conditions.
The staking dashboard URL is https://wallet.matic.network/staking.
You can follow these staking guides:
How to stake MATIC in Polygon wallet via MetaMask
How to stake MATIC (Polygon) in Frontier mobile wallet via MetaMask
There is no minimum stake amount to delegate. However, you can always start with 1 Matic token.
In order to be accurate, please use the Staking Rewards Calculator to determine possible profit: https://wallet.matic.network/staking/rewards-calculator
All staking transactions of Matic happen on Ethereum for security reasons. The time taken to complete a transaction depends on the gas fees that you have allowed and also the network congestion of Ethereum mainnet at that point in time. You can always use the “Speed Up” option to increase the gas fees so that your transaction can be completed soon
Currently, the Metamask extension on the desktop browser, Coinbase Wallet are supported. Also, you can use Frontier wallet, WalletConnect, and Walletlink from supported mobile wallets to interact with the Staking UI dashboard on desktop/laptop. The complete list of the supported wallets can be found here https://awesomepolygon.com/wallets/
Yes, hardware wallets are supported. You can use the "Connect Hardware Wallet" option on Metamask and connect your Hardware wallet and then continue the delegation process.
Staking through Binance is not yet supported. There will be an announcement if and when Binance starts supporting it.
Once you have completed your delegation, wait for 12 block confirmations on Ethereum (~3-5 minutes), then on the Dashboard, you can click on the “My Delegator Details” option on the left-hand side. Or you could also click on the “Show Delegator Profile” card.
You can click on the “My Delegator Details” option on the left-hand side on the Dashboard. Or you could also click on the “Show Delegator Profile” card. Check the New Rewards card on the right. Once you accrue rewards, you can click on the Details link to check rewards in detail.
You would need to have a minimum of 2 Matic to withdraw rewards.
You can claim your rewards by clicking on the “My Account,” all the delegators for a validator are displayed. Click on the “Withdraw Reward” button, and the rewards will be transferred to your delegated account on Metamask.
Yes. You should provision for ~0.05-0.1 ETH to be safe.
No. All your funds need to be on the Main Ethereum Network.
Please check if you have enough ETH for the gas fees.
The rewards are distributed whenever a checkpoint is submitted. Currently, 20188 Matic tokens are distributed proportionately on each successful checkpoint submission to each delegator based on their stake relative to the overall staking pool of all validators and delegators. Also, the percentage for the reward distributed to each delegator will vary with each checkpoint depending on the relative stake of the delegator, validator and the overall stake. (Note that there is a 10% proposer bonus that accrues to the validator who submits the checkpoint, but over time, the effect of the extra bonus is nullified over multiple checkpoints by different validators.) The checkpoint submission is done by one of the validators approximately every 34 minutes. This time is approximate and may vary based on validator consensus on the Matic Heimdall layer. This may also vary based on Ethereum Network. Higher congestion in the network may result in delayed checkpoints. You can track checkpoints on the staking contract here: https://etherscan.io/address/0x86e4dc95c7fbdbf52e33d563bbdb00823894c287
Actual rewards earned will depend on the actual total locked supply in the network at each checkpoint. This is expected to vary significantly as more MATIC tokens get locked in the staking contracts. Rewards will be higher, to begin with, and will keep decreasing as the locked supply % goes up. This change in locked supply is captured at every checkpoint, and rewards are calculated based on this.
You can claim your rewards instantly by clicking on the “New Rewards” card and then clicking on the Withdraw rewards button. This will transfer the rewards accumulated to your delegated account on Metamask.
The unbonding period on Matic is approximately 9 days now. It was 19 days previously. This period applies to the originally delegated amount and re-delegated amounts - it does not apply to any rewards that were nor re-delegated.
No. Once you unbond, you stop receiving rewards.
To Unbond from a Validator, navigate to your Delegator Profile page (MyAccount). Once you log in, you will find this on the left-hand menu of the Staking Dashboard. Here you will see an Unbond button for each of the validators. Click on the Unbond button for whichever validator that you want to Unbond from.
The unbonding period on Matic is approximately nine days now. It was 19 days previously. This period applies to the originally delegated amount and re-delegated amounts - it does not apply to any rewards that were nor re-delegated.