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

Introduction

Staking POL (ex-MATIC) 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 Guide

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

   In order 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	Coin	Price
   Nexo	POL (ex-MATIC) (POL)	0.52
   PrimeXBT	POL (ex-MATIC) (POL)	0.52
   M2	POL (ex-MATIC) (POL)	0.52
   Uphold	POL (ex-MATIC) (POL)	0.52
   Klink	POL (ex-MATIC) (POL)	0.52
   OKX	POL (ex-MATIC) (POL)	0.52

   See all 31 prices

2. 2. Choose 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	Coin	Staking rewards
   Uphold	POL (ex-MATIC) (POL)	Up to 1.5 APY
   Klink	POL (ex-MATIC) (POL)	Up to 4.5 APY
   Binance	POL (ex-MATIC) (POL)	Up to 3.59 APY

   See all 10 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.