Polygon (MATIC) - Cold Staking & Delegations
Stake your Polygon (MATIC) coins directly from your own wallets and earn in a non-custodial way. Your keys, your crypto rewards.
Delegate MATIC in DeFi way & Earn Staking Rewards
Delegate (stake) your Polygon coins directly from your own wallets and earn in a non-custodial way. Your keys, your crypto rewards.
Asset
Polygon
Ticker
MATIC
APR
~4.65%
Min. stake
any amount
Payout Frequency
~3.23 sec
Unbonding Period
~2 days
Staking Providers
0xe6eb0a6687a658c3af15a26879ce2c9f1385dcf6
Wallets supported
MetaMask
To get started make sure you have MATIC and ETH (to cover fees) in your wallet.
1. Go to the Polygon staking and connect MetaMask wallet. To do this click "Login", select MetaMask and complete the process.
2. In the main view, click "Become a delegator" or “All Validators”. You will see a list with all the validators. Search for one of our recommended validators.
3. Click the "Delegate" button on the right. Enter the amount of MATIC you want to delegate. Press "Continue" and confirm your transaction in the wallet. (If you are using metamask a confirmation window will pop up). After confirming, wait until the transaction is approved.
4. Once the transaction has been approved continue by clicking the "Delegate" button. A wallet window will pop up again to confirm the final ETH fees to complete the process. Confirm and wait for the “Delegation Completed” information. That's it.
Enjoy your rewards on cold staking!
Ledger
We assume that user has already configured its Ledger Live App, installed the Ethereum App, connected with MetaMask, and have some coins there. If you don’t have your ledger connected with metamask - here is an official guide.
1. Connect your Ledger device to your computer and open the Ethereum (ETH) app on your device.
2. Go to the Polygon staking and connect your wallet. To do this click "Login", select MetaMask, choose your ledger account in MetaMask and click “Connect”. On the popup click “Sign” and accept to sign the message on your Ledger device.
3. In the main view, click "Become a delegator" or “All Validators”. You will see a list with all the validators. Search for one of our recommended validators.
4. Click the "Delegate" button on the right. Enter the amount of MATIC you want to delegate. Press "Continue" and confirm your transaction in the wallet.
5. In MetaMask popup review the fee amount and, if all looks good, click "Confirm". Your Ledger displays: Review transaction.
6. Using the buttons, scroll right, reviewing the transaction and the fee as you go. If all looks good, select "Accept" and send and sign the transaction by pressing both buttons simultaneously. Your Ledger displays: Application is ready.
7. Once the transaction has been approved continue by clicking the "Delegate" button. A wallet window will pop up again to confirm the final ETH fees to complete the process.
8. Confirm it in the MetaMask and on ledger and wait for the “Delegation Completed” information. That's it.
Enjoy your rewards on cold staking!
Coinbase Wallet
To get started make sure you have MATIC and ETH (to cover fees) in your wallet.
1. Go to the Polygon staking and connect Coinbase Wallet. To do this click "Login", select "Coinbase Wallet" and complete the process.
2. In the main view, click "Become a delegator" or “All Validators”. You will see a list with all the validators. Search for one of our recommended validators.
3. Click the "Delegate" button on the right. Enter the amount of MATIC you want to delegate. Press "Continue" and confirm your transaction in the wallet. (If you are using metamask a confirmation window will pop up). After confirming, wait until the transaction is approved.
4. Once the transaction has been approved continue by clicking the "Delegate" button. A wallet window will pop up again to confirm the final ETH fees to complete the process. Confirm and wait for the “Delegation Completed” information. That's it.
Enjoy your rewards on cold staking!
WalletConnect
1. Go to the Polygon staking and connect your wallet. To do this click "Login", select Wallet Connect and complete the process.
2. In the main view, click "Become a delegator" or “All Validators”. You will see a list with all the validators. Search for one of our recommended validators.
3. Click the "Delegate" button on the right. Enter the amount of MATIC you want to delegate. Press "Continue" and confirm your transaction in the wallet. (If you are using metamask a confirmation window will pop up). After confirming, wait until the transaction is approved.
4. Once the transaction has been approved continue by clicking the "Delegate" button. A wallet window will pop up again to confirm the final ETH fees to complete the process. Confirm and wait for the “Delegation Completed” information. That's it.
Enjoy your rewards on cold staking!
Torus / Bitski
1. Go to the Polygon staking and connect your Torus or Bitski wallet. To do this click "Login", select your wallet provider and complete the process.
2. In the main view, click "Become a delegator" or “All Validators”. You will see a list with all the validators. Search for one of our recommended validators.
3. Click the "Delegate" button on the right. Enter the amount of MATIC you want to delegate. Press "Continue" and confirm your transaction in the wallet. (If you are using metamask a confirmation window will pop up). After confirming, wait until the transaction is approved.
4. Once the transaction has been approved continue by clicking the "Delegate" button. A wallet window will pop up again to confirm the final ETH fees to complete the process. Confirm and wait for the “Delegation Completed” information. That's it.
Enjoy your rewards on cold staking!
Check other assets
Delegate coins to nodes or stake with MyCointainer decentralized pools always having funds in your wallet and under control.
Frequently Asked Questions
How does Cold Staking work?
Cold staking is an innovative approach to earning passive income from your cryptocurrencies. To begin cold staking, users must store their assets in a non-custodial wallet and delegate their coins to a MyCointainer node or similar validators.
Your participation in cold staking entitles you to receive rewards in the form of additional tokens, and further creates a bigger impact on network security, and decentralization of the protocol.
What is Annual Percentage Rate (APR) and how is it calculated?
The annual percentage rate (APR) for delegators to dPoS validators is calculated based on several factors, including:
- Block rewards: The rewards earned from validating blocks and creating new blocks are distributed among validators and their delegators. The amount of rewards each delegator receives is proportional to the amount of stake they have delegated to the validator.
- Commission rate: The commission rate is a percentage of the rewards earned by the validator that is taken as a fee. This fee is taken from the rewards earned by the validator and its delegators.
- Inflation rate: The inflation rate of the underlying cryptocurrency affects the overall rewards earned by the validator and its delegators.
- Network performance: The network performance, such as the rate of block production, can also impact the APR earned by delegators.
All these factors are combined to calculate the APR for delegators to dPoS validators, which should be treated as estimate of the expected returns for staking over a certain period of time.
Will the APR always be a fixed percent?
There are factors that can move the APR up or down. Rates can be influenced by the network’s conditions, inflation, number of stakers and staked assets, and the validator’s performance.
When will I receive my Cold Staking rewards?
The frequency of rewards distribution for cold staking assets in dPoS assets typically varies depending on the specific network details. In some cases, rewards are distributed on a weekly or monthly basis, while in others, rewards are distributed daily or even often. It ultimately depends on the design of the particular network, and for some of them, you will need to claim produced rewards before making them free to use.
Are there fees for Cold Staking?
Yes, there can be fees associated with Cold Staking. They may vary depending on the specific dPoS network and the Cold Staking Provider you use. Besides rewards fees which node operators typically set up, there are network fees associated with executing delegation.
Can I access my assets while Cold Staking?
Since the assets are stored in your personal cold wallet, you always have access to your investments. You can unstake your assets anytime, but consider that various assets have different unbonding periods that are governed by the blockchain network.
Polygon on MyCointainer Platform
Polygon (MATIC) Staking App
MyCointainer lets you participate in the most simplified crypto staking mechanism in return for higher yields in a user-friendly earn app. You can invest for as little 1 EUR!
How to start hot staking?
- Go to the deposit page of Polygon. (Before, you would need to Login to your account. For new users, please register here)
- A Polygon (MATIC) wallet address will be generated upon request.
- Deposit MATIC tokens to the address displayed. The moment your deposit is successful your staking rewards will start.
Polygon (MATIC) Exchange App
Our built-in exchange lets you buy and sell staking Polygon (MATIC) tokens against BTC and EUR. We offer the best trading pairs compared to major crypto exchanges. Thanks to our service, you don't need to buy staking assets elsewhere meanwhile having rewards generated automatically right after trade.
How to start trading?
- Once logged in, click "Exchange".
- Select either BTC or EUR currency, and trade it with Polygon (MATIC).
NOTE: Ensure you have enough balance of the assets in your wallet to make transactions. Otherwise, assets may not be displayed on the lists. - The MATIC tokens will be transferred to your in-app wallet. For every successful trades, you will receive bonus coins.