Where and How to Stake POL (ex-MATIC) (POL)

Introduction

Staking POL (ex-MATIC) can be a great choice for those who want to hold POL but earn yield in a secure way while contributing to the network. The steps can be a little overwhelming, especially the first time you go through them. That’s why we’ve put this guide together for you.

Step-by-step Guide

1. 1. Get POL (ex-MATIC) (POL) Tokens

   To stake POL (ex-MATIC), you need to have it. To obtain POL (ex-MATIC), you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Loonies	Price
   Nexo	POL (ex-MATIC) (POL)	0.23
   PrimeXBT	POL (ex-MATIC) (POL)	0.23
   Uphold	POL (ex-MATIC) (POL)	0.23
   YouHodler	POL (ex-MATIC) (POL)	0.23
   OKX	POL (ex-MATIC) (POL)	0.22
   M2	POL (ex-MATIC) (POL)	0.23

   See all 60 prices

2. 2. Select a POL (ex-MATIC) Wallet

   Once you have POL, you’ll need to choose a POL (ex-MATIC) wallet to store your tokens. Here are some good options.

   Platform	Loonies	Staking rewards
   Uphold	POL (ex-MATIC) (POL)	Up to 3.2% annual percentage yield
   Bitget	POL (ex-MATIC) (POL)	Up to 4% annual percentage yield
   Kucoin	POL (ex-MATIC) (POL)	Up to 3% annual percentage yield
   Binance	POL (ex-MATIC) (POL)	Up to 3.1% annual percentage yield

   See all 18 staking rewards

3. 3. Delegate Your POL

   We recommend using a staking pool when staking POL. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their POL, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.

4. 4. Start Validating

   You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the POL (ex-MATIC) network. You'll be rewarded with POL for these validations.

What to be Aware of

There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.