Polygon's native staking operates exclusively on the ERC-20 standard, reflecting its origins as an Ethereum sidechain. This design leverages Ethereum’s robust security model, eliminating the need for a separate staking mechanism on the Polygon network.
Why Stake POL on Ethereum?
- Enhanced Security: Utilizes Ethereum’s battle-tested infrastructure.
- Scalability: Aligns with Polygon’s mission to boost Ethereum’s throughput.
- Cost Efficiency: Staking/unstaking fees are paid in ETH, not POL.
Key Components of Polygon’s Staking Architecture
- Heimdall: Manages validators and consensus.
- Bor: Handles block production, ensuring scalability without compromising security.
👉 Discover how staking strengthens Ethereum’s ecosystem
Step-by-Step Guide to Staking POL
1. Delegating Tokens
Delegate POL to a validator to participate in network security. Validators earn rewards, which are shared with delegators.
2. Choosing a Validator
Select a reputable validator—rewards depend on their performance.
3. Understanding Fees
Validators may charge a commission (e.g., 5% of rewards).
4. Claiming Rewards
- Manual Process: Rewards don’t auto-compound.
- Unbonding Period: 48 hours to withdraw staked POL.
How to Stake POL in Tangem Wallet
Prerequisites
- POL tokens on the ERC-20 network.
- Tangem Wallet app installed.
Steps
- Search for POL in the Tangem app.
- Add to Portfolio: Enable ERC-20 support.
- Initiate Staking: Navigate to the token page and tap Stake.
- Select Validator: Review APR and unbonding terms.
- Approve Transaction: Authorize smart contract access.
- Confirm Stake: Enter biometrics to finalize.
Monitor staking progress via the token page.
FAQs
Q1: What’s the minimum POL required to stake?
A: No minimum—stake any amount.
Q2: How often are rewards distributed?
A: Rewards accrue continuously but require manual claiming.
Q3: Can I unstake instantly?
A: No—48-hour unbonding period applies.
Q4: Are there slashing risks?
A: Tangem partners with StakeIt to cover penalties.
Why Tangem Wallet?
- Non-Custodial: Full control of private keys.
- User-Friendly: Streamlined staking interface.
- Secure: Biometric verification for transactions.
👉 Explore secure staking with Tangem
Disclaimer: Staking involves risks. Rewards are not guaranteed and depend on network conditions. Tangem provides hardware and software solutions but does not custody assets.