Introduction
Staking Polygon Ecosystem Token can be a great option for those who want to hold POL but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-step
1. Obtain Polygon Ecosystem Token (POL) tokens
In order to stake Polygon Ecosystem Token, you need to have it. To obtain Polygon Ecosystem Token, you'll need to purchase it. You can choose from these popular exchanges.
See all 8 pricesPlatform Coin Price Klink Polygon Ecosystem Token (POL) $0.3548 Kraken Polygon Ecosystem Token (POL) $0.3549 Bitmart Polygon Ecosystem Token (POL) $0.3537 Kucoin Polygon Ecosystem Token (POL) $0.3582 Bitget Polygon Ecosystem Token (POL) $0.3554 Bybit Polygon Ecosystem Token (POL) $0.3553 2. Choose a Polygon Ecosystem Token wallet
Once you have POL, you’ll need to choose a Polygon Ecosystem Token wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards Klink Polygon Ecosystem Token (POL) Up to 4.5% APY 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. 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 Polygon Ecosystem Token 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.
Latest movements
Polygon Ecosystem Token (POL) is currently priced at $4.5 with a 24-hour trading volume of $85.21M. The market cap of Polygon Ecosystem Token stands at 2.73B, with $7.67B POL in circulation. For those looking to buy or trade Polygon Ecosystem Token, Klink offers avenues to do so securely and efficiently.
- Market cap
- $2.73B
- 24h Volume
- $85.21M
- Circulating supply
- $7.67B