Where & how to stake Polygon Ecosystem Token (POL)

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. 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.

   Platform	Coin	Price
   Klink	Polygon Ecosystem Token (POL)	$0.3545
   Kraken	Polygon Ecosystem Token (POL)	$0.3557
   Bitmart	Polygon Ecosystem Token (POL)	$0.3537
   Kucoin	Polygon Ecosystem Token (POL)	$0.3582
   Bitget	Polygon Ecosystem Token (POL)	$0.3551
   Bybit	Polygon Ecosystem Token (POL)	$0.3551

   See all 8 prices

2. 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. 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 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.