How to Stake POL: Beginner’s Guide to Polygon Staking

By Shraddha

Last Updated: Mar 4, 2025

Co-author

By Manisha Mishra

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Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital. 99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.
Polygon staking
Disclaimer Icon
Disclaimer
Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital. 99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

Polygon (POL), formerly MATIC, is the native token of the Polygon blockchain, used for staking, governance, and transactions. Staking POL lets users earn rewards while securing the network. It allows token holders to contribute to the Polygon network by locking their POL tokens, either as validators or delegators. In return, they receive staking rewards, making it a passive income opportunity for crypto holders.

This guide explains how Polygon staking works, where to stake POL, and how to maximize rewards. Whether you’re a beginner or an experienced staker, you’ll find everything you need to know. Let’s get started.

Polygon (POL) Staking: Summary

Polygon (POL) staking allows users to lock their tokens into the Polygon network to help validate transactions and earn rewards. This guide explains the staking process, including roles of validators and delegators, and highlights the best platforms for staking $POL in 2025.

The staking process involves selecting a validator, delegating $POL tokens, and confirming the transaction to start earning rewards. Earnings depend on factors like the validator’s performance and the amount staked. Strategies such as choosing reliable validators, using staking pools, and monitoring market trends can help maximize returns. While staking offers benefits like passive income and network security, a few risks exist.

Key Takeaways

  • Staking involves locking up cryptocurrency to support a blockchain network and earn rewards.
  • Polygon staking operates on a Proof-of-Stake system with validators and delegators.
  • Users can stake $POL on platforms like Polygon’s official site, Kraken, Coinbase, and Binance.
  • Staking rewards depend on validator selection, amount staked, and staking duration.
  • Risks include token slashing, price volatility, and liquidity lock-up periods.
  • Validators with higher staked amounts have a greater chance of being selected to validate transactions and earn rewards.

What is Polygon (POL) Staking?

Formerly called Matic staking, Polygon staking plays a crucial role in decentralized networks, helping to support the network while allowing participants to generate passive income. As blockchain technology continues to evolve, staking has become an essential mechanism for network security and reward distribution.

What is Polygon Staking

Let’s start with a simple description of what crypto staking means. Staking enables token holders to earn rewards by contributing their cryptocurrency to a blockchain network. When users lock up their coins, they help maintain the network’s security and efficiency. In return, the network rewards them with additional tokens. How this applies to Polygon staking is that when you stake $POL, you are locking it into the Polygon blockchain to help validate transactions and secure the network. In return, you’ll earn rewards through more $POL tokens.

How Does Polygon (POL) Staking Work?

$POL staking uses a proof-of-stake (PoS) consensus mechanism, which is more energy efficient than proof-of-work (PoW) that uses powerful computers to compete and solve complex puzzles. Before we go into further details on the $POL staking process, we need to understand that there are two primary ways to stake $POL: as a validator or as a delegator.

Validators are responsible for adding new information to the network and validating transactions. Being a validator requires a reliable server running on the Polygon client software. Moreover, the server has to be online 24/7 so that the network can rely on your node and validate transactions. Validators must stake as many $POL tokens since a higher number of staked coins means a higher chance of being chosen to validate transactions and receive rewards. They can earn extra $POL tokens depending on the number of transactions they validate and the amount of $POL they’ve staked.

Delegators “lend” their tokens to their chosen validators, supporting the network and receiving rewards in exchange. They first select reputable validators and delegate their $POL to them. Delegators get a portion of the rewards validators earn.

Where to Stake Polygon: Best Platforms for Staking POL in 2025

Staking Polygon (POL) allows users to earn passive income while contributing to network security. With multiple platforms offering staking services, it’s important to choose one that aligns with your needs in terms of rewards, flexibility, and security. Here are the top crypto staking platforms in 2025 for staking POL, each offering unique benefits and staking options.

Stake $POL on Official Website

Users can either become a validator by running a full node and staking POL or act as a delegator by delegating POL to a validator. To get started, visit the Polygon Staking Portal and connect your best crypto wallet. Choose the “Become a Delegator” option, select a validator based on their commission and performance, and delegate your POL tokens.

The transition from MATIC to POL does not require any manual action for stakers, but users must ensure their wallet correctly displays POL as the token symbol. Unlike centralized platforms, staking through Polygon ensures that users maintain full custody of their tokens.

Key Features

  • Users can stake POL by delegating to validators or running their own validator node.
  • Users maintain full control over their POL tokens without relying on centralized platforms.
  • Staking directly with the Polygon protocol removes third-party risks, such as exchange failures or withdrawal restrictions.
  • Validators and delegators receive rewards directly from the network, avoiding intermediary fees.
  • Transparent staking process with clear validator selection criteria, such as commission rates and past performance.
  • Energy-efficient staking mechanism, consuming significantly less power than mining-based networks.
  • A 12% allocation of the total POL supply is dedicated to staking rewards.

Pros & Cons of Staking POL on Official Website

Pros

  • Full custody of assets—tokens remain in users’ wallets rather than a centralized exchange.
  • No reliance on third parties, reducing risks of hacks, insolvencies, or sudden changes in staking policies.
  • Users benefit directly from Polygon’s staking reward structure without additional exchange fees.
  • Transparent staking mechanisms with validator selection based on open data.

Cons

  • Requires users to manage their own wallet and connect to the staking portal manually.
  • Delegators need to actively choose and monitor validators for optimal rewards.
  • No liquidity options like liquid staking tokens offered by some third-party providers.
  • Validators must stake a minimum of 10,000 POL to participate.
  • Migration from MATIC to POL may require users to update wallet settings manually.

Staking Polygon (POL) on Coinbase

Coinbase offers an easy way to stake Polygon (POL), allowing users to earn passive rewards. With a few clicks, you can enroll in staking directly on the platform. However, staking services are subject to location restrictions, and reward rates may fluctuate over time. Currently, the estimated annual percentage yield (APY) for staking Polygon on Coinbase is 2.71%. On Coinbase, you can use the POL to MATIC 1:1 calculator to convert to the upgraded token.

Key Features

  • Coinbase provides a user-friendly staking experience with a simple setup process.
  • Users can stake multiple cryptocurrencies, including Polygon, Ethereum, and Solana.
  • There are no additional lock-up periods beyond those required by the network.
  • Stakers earn passive income through rewards distributed directly to their accounts.
  • Rewards are automatically credited without requiring manual claims.
  • Coinbase ensures security by managing the staking process on behalf of users.

Pros & Cons of POL Staking on Coinbase

Pros

  • Coinbase offers a simple and beginner-friendly staking process.
  • There are no additional lock-up periods imposed by Coinbase.
  • Users can generate passive income with minimal effort.
  • Coinbase supports multiple assets for staking.

Cons

  • Staking on Coinbase is not available in all regions.
  • There is regulatory uncertainty surrounding centralized staking platforms.
  • The APY maybe lower compared to some other platforms.

Staking Polygon (POL) on Kraken

Kraken allows users to stake Polygon (POL) with an estimated annual yield of 3–6% APY. The process is straightforward: create a Kraken account, buy or deposit POL, and stake it directly through the exchange. Kraken offers both flexible and bonded staking, meaning users can choose between instant unstaking with lower rewards or committing their funds for a set period to receive higher yields.

Key Features

  • Users can stake any amount of POL, as there is no minimum staking requirement.
  • Staking rewards are compounded, allowing earnings to grow over time.
  • No lock-up period for flexible staking; bonded staking requires a 3-day commitment.
  • Kraken is known to be a secure platform with a long-standing reputation in the crypto market.
  • One account provides access to staking, trading, and portfolio management.

Pros & Cons of Staking POL on Kraken

Pros

  • No minimum staking amount required.
  • Simple and beginner-friendly staking process.
  • Competitive 3–6% APY with compounding rewards.
  • Flexible unstaking options available.
  • Strong security measures and proof-of-reserves verification.

Cons

  • U.S. residents cannot stake due to regulatory restrictions.
  • Bonded staking requires a 3-day lock-up period for maximum rewards.
  • Centralized platform, meaning users don’t control their staked assets directly.

Staking Polygon (POL) on Ledger

Ledger allows users to stake Polygon (POL) securely using a hardware wallet while keeping private keys offline. Since POL staking occurs on the Ethereum network, users must connect their Ledger device to MetaMask and stake through the Polygon Web Wallet. Overall, the process is secure, as assets remain in self-custody while earning staking rewards.

Best Staking Platforms for POL
Staking on Ledger | Source: Ledger Support

Key Features

  • Users retain full control of their POL while staking through Ledger.
  • Staking requires connecting Ledger to MetaMask and using the Polygon Web Wallet.
  • Hardware security ensures private keys never leave the device.
  • Rewards depend on the selected validator and network conditions.
  • Users need ETH to cover gas fees for staking transactions.

Pros & Cons of Staking POL on Ledger

Pros

  • Secure staking with self-custody of assets.
  • No third-party exchange risk, as funds stay on the hardware wallet.
  • Supports multiple cryptocurrencies beyond POL.
  • Users can choose their preferred validator for staking.

Cons

  • Requires MetaMask and the Polygon Web Wallet for staking.
  • Gas fees apply since POL staking is on Ethereum.

Staking Polygon (POL) on Binance

Binance allows users to stake Polygon (POL) with liquid staking tokens, enabling them to earn rewards while keeping assets accessible. The process involves creating a Binance account, purchasing or depositing POL, and staking through the platform’s Earn section. Binance offers flexible staking, allowing users to unstake at any time, and locked staking, which provides higher yields for a set duration.

Key Features

  • Users can stake POL using Binance’s Earn products, which include liquid staking for added flexibility.
  • Staking rewards are distributed automatically, with estimated APY rates depending on market conditions.
  • Binance offers a liquid staking option, allowing users to trade their staked assets without waiting for an unstaking period.
  • The platform supports staking for multiple assets beyond POL, providing diversified earning opportunities.
  • Binance charges lower staking commissions than many competitors, making it an attractive option for yield seekers.
  • Geographic restrictions apply, and users in certain regions, including the United States, must use Binance.US with a different set of offerings.

Pros & Cons of Staking POL on Binance

Pros

  • Liquid staking allows users to trade staked assets without waiting for an unstaking period.
  • Competitive APY compared to other centralized platforms.
  • Supports multiple assets beyond Polygon, offering more staking opportunities.
  • Lower commission fees than some exchanges.

Cons

  • Only available in select regions, with Binance.US offering limited staking options.
  • Staking is listed alongside other Binance Earn products, which may be confusing for beginners.
  • Binance’s centralized nature means users do not have full control over their staked assets.

Pro Tip: With the migration from MATIC to POL, staking has evolved across platforms. POL has introduced a re-staking mechanism, allowing validators to secure multiple chains, unlike MATIC’s single-chain staking. If you previously staked MATIC, it is upgraded to POL. However, check if your preferred platform supports the new staking model. On a side note, if you want to diversify your portfolio by investing in different staking coins, check out our top list of 15 best crypto coins for 2025.

Alternative Ways to POL Staking Using Best Wallet

While the official Polygon Staking Portal provides a direct way to stake POL, some users may prefer alternatives that offer greater flexibility, enhanced staking rewards, and added functionalities. Best Wallet is emerging as a top contender for self-custodial staking, allowing users to stake assets securely while maintaining full control over their private keys. It is currently running a presale of its Best Wallet Token, the next-gen crypto wallet token that can give high staking rewards. Users who stake $BEST can receive rewards with an APY of 165%. The reward distribution will happen at a rate of 101.21 $BEST tokens per ETH block.

In the near future, Polygon staking will be integrated into Best Wallet, with benefits like enhanced user experience and optimized rewards. Interestingly, tokens on Best Wallet can be staked via the platform’s app that also allows users to invest in best presale cryptocurrencies. Users don’t have to worry about security, as this is a fully non-custodial wallet, and they have full control over their keys.

Pros & Cons of Staking POL Through Best Wallet

Pros

  • Fully self-custodial, ensuring complete control over funds.
  • Competitive staking rewards with access to multiple DeFi protocols.
  • No mandatory KYC, providing greater privacy and accessibility.
  • Cross-chain support, allowing users to stake on various blockchains.
  • Built-in fiat gateway and DEX, making it an all-in-one staking solution.

Cons

  • Polygon staking is not yet live but is expected soon.

How to Stake Polygon (POL): A Step-by-Step Guide

Here are the steps involved in $POL staking:

Step 1: Go to Polygon’s official staking platform: Visit the site and click on ‘Log In’ to connect your wallet.
How to stake POL

Step 2: Choose a validator: Find the ‘Become a Delegator’ option, click on it, and browse the list of available validators. After you find a reliable one, click on the “Delegate” button next to their name.
How to Stake POL tokens

Step 3: Choose your delegation amount: Enter the number of $POL you wish to stake in the provided field and click ‘Continue.’ Make sure to double-check all the information though.
POL staking

Step 4: Confirm the delegation: Review the delegation details and click ‘Delegate.’ After your wallet pops up, click ‘Confirm.’
Methods of Polygon staking

Step 5: Complete the staking process: After confirming the transaction in the wallet, your $POL will be staked. You can manage your delegation and monitor your staking rewards on the staking dashboard.
stake polygon step 5

How Much Can You Earn by Staking Polygon (POL)?

If you stake Polygon (POL), you can earn passive income, but the exact amount depends on where and how you stake. Polygon’s official staking offers about 4.95% current reward percentage, while third-party platforms like Ankr has a POL APY of 3.73% and Coinbase is lower at around 2.62%-2.71% APY.

Your rewards can change based on how many people are staking—the more participants, the lower the individual rewards. Choosing a reliable validator with low fees can help you increase earnings. Some platforms also have an unstaking period before you can withdraw your tokens. If you’re unsure how much you can earn, staking calculators on platforms can give you an estimate based on the amount you plan to stake.

Tips and Strategies for Maximizing Polygon Staking Rewards

Here’s what you need to consider to maximize your staking rewards:

  • Diversify your staking portfolio: Spreading across several networks can mitigate risks.
  • Find reliable validators: Refer to the criteria outlined above to identify validators with strong performance, high uptime, and transparent operations, ensuring a secure and efficient staking experience.
  • Use staking pools: Smaller stakers can benefit from participating in staking pools to combine resources with other stakers without running their own validator node. This allows for higher chances of rewards and lower technical burden.
  • Stay informed about lock-up periods: Be aware of withdrawal restrictions and unbonding periods. If you need access to your funds soon, it is better to stake on a platform with a shorter lock-up period or to divide your staked tokens across several platforms with different lock-up terms.
  • Monitor Market Trends: Stay informed about market conditions, governance updates, and network upgrades that may impact staking rewards or lock-up periods. Being proactive allows for timely adjustments to your strategy.

Benefits and Risks of Staking Polygon (POL)

If you want to stake $POL, you must know the potential benefits and be aware of the risks.

Benefits

  • Staking $POL provides passive income, allowing long-term investors to maximize their holdings.
  • Polygon staking has a low entry barrier, allowing users to start with as little as 1 $POL.
  • Staking helps secure the Polygon network, promoting wider adoption and increasing trust in the ecosystem.
  • Stakers contribute to network efficiency and decentralization, improving overall blockchain security.
  • Some platforms offer flexible staking with no lock-up periods, allowing easy access to funds.

Risks

  • Some staking platforms have a lock-in period, restricting immediate access to staked tokens.
  • The value of $POL can fluctuate, posing a risk of price volatility during the staking period.
  • Rewards depend on validator performance, meaning unreliable validators may reduce expected returns.
  • Staking on centralized platforms may introduce counterparty risks, including exchange failures or withdrawal restrictions.
  • Gas fees may apply when staking or unstaking $POL, reducing overall earnings.
  • If your chosen validator acts maliciously, some of your staked $POL may be forfeited.

Polygon (POL) Staking vs. Ethereum Staking

Polygon vs Ethereum Staking
Staking Layer | Source: Polygon

Ethereum (ETH) and Polygon (POL) both use Proof-of-Stake (PoS), but they differ in accessibility, costs, and staking requirements. With Polygon 2.0, POL is the native gas and staking token for all Polygon networks. While Ethereum requires users to stake a large amount (32 ETH) to become a validator, Polygon offers a more flexible approach with delegation. The new staking layer on Polygon lets validators secure multiple chains, while Ethereum upgrades keep things compatible for future updates. Here’s how the two compare:

Feature Ethereum (ETH) Staking
Polygon (POL) Staking
Network Type Layer-1 blockchain
Layer-2 scaling solution alongside Ethereum
Minimum Staking 32 ETH (solo validator)
No minimum for delegation
Transaction Fees Higher, due to mainnet gas fees
Lower, thanks to Polygon’s scalability
Validator Rewards Earns ETH for validating blocks
Earns POL for securing the network
Unstaking Period Longer
Shorter unstaking time
Slashing Risk Yes, for misbehavior or downtime
Yes, but only if the validator is penalized
Best For Long-term stakers with high capital
Users looking for flexible, low-cost staking

Best Practices to Stake Polygon (POL) Safely

When choosing a validator for staking your $POL, these are the factors you need to consider:

  • Uptime: Choose a validator with near 100% uptime, ensuring their node runs 24/7 for maximum reward potential.
  • Transparency: Select validators with a clear online presence, including a website, social media, and contact details, to confirm reliability and accountability.
  • Checkpoint Signing: Prioritize validators who sign at least 98% of the last 200 checkpoints. While 100% is ideal, a few missed checkpoints won’t significantly impact rewards.
  • Commission Fees: While lower commission rates are attractive, also consider the validator’s service quality, reliability, and long-term sustainability.
  • Self-Stake Amount: Validators with a higher self-stake have more incentive to operate securely and efficiently since they have their own funds at risk. Choosing validators with significant self-stake can indicate a stronger commitment to the network.

Mistakes to Avoid When Staking Polygon (POL)

Below you will find a couple of mistakes that even experienced traders or investors end up making. So as a beginner you should definitely be making sure to avoid these.

  • Using an unsupported wallet that does not allow POL staking.
  • Delegating to unreliable validators with poor performance.
  • Ignoring staking fees that can reduce overall rewards.
  • Forgetting to check lock-up periods before staking.
  • Not staying updated on network changes and staking updates.

How to Unstake Polygon (POL): A Detailed Guide

How to unstake Polygon
How to Unstake Polygon | Source: Blockdaemon
  1. Log in to the platform where you staked your POL tokens and go to the staking section.
  2. Click on the option to unstake or withdraw your tokens.
  3. Enter how many POL tokens you want to unstake and confirm.
  4. Check the transaction details, including any fees, and approve it using your wallet.
  5. Wait for the unstaking period (usually 3–4 days) while your tokens are temporarily locked.
  6. After the waiting period, go back to the platform and find the option to claim or withdraw your unstaked tokens.
  7. Confirm the withdrawal to move the tokens back to your wallet.
  8. Keep in mind that unstaking time and fees may vary depending on the platform.

Future of Polygon (POL) Staking

Polygon continues to evolve with major upgrades and growing adoption, making staking an important part of its ecosystem. One key initiative is Polygon Community Grants Season 2, which is providing 35 million POL in funding to support developers working on Artificial Intelligence, DePIN, memecoins, and other innovative projects. This long-term investment in network growth could strengthen the ecosystem and, in turn, impact staking rewards.

Additionally, Polygon 2.0 and the transition from MATIC to POL are expected to improve network efficiency and staking opportunities. The AggLayer upgrade will further enhance cross-chain communication and liquidity, making Polygon more versatile in the blockchain space. Meanwhile, partnerships with Starbucks, Nike, and Reddit highlight real-world adoption, potentially increasing demand for POL over time. As the DeFi sector evolves, innovations like restaking, AI-powered finance, and cross-chain solutions could introduce new ways to earn from staking. With these continuous advancements, staking Polygon could become even more rewarding in the long run.

Conclusion: Polygon Staking

Polygon staking involves locking your $POL to the Polygon blockchain to validate transactions and protect the network. It has evolved into a key mechanism for securing the network and earning passive income, offering a mix of flexibility, rewards, and risks. Some of the best platforms for staking $POL include its official website, Kraken, and Coinbase. Staking your $POL tokens is a straightforward process that can be completed in five simple steps.

By following the best practices outlined above, you can maximize your rewards and ensure a secure staking experience. While staking Polygon has its benefits, such as passive income or network support, you have to consider the risks it imposes, including liquidity issues and slashing. Taking the first step towards staking maximizes your potential for passive income and positions you at the forefront of the network’s innovative growth. Start staking today and be part of the transformative power of blockchain technology.

On a lighter note, why do you think the Polygon validator broke up with its delegator? Because they had too many layers!

See Also:

Frequently Asked Questions

How much does Polygon staking pay?

Can you stake on Polygon?

Is staking MATIC worth it?

What is the best platform to stake Polygon?

What is the minimum staking amount for POL?

Is Polygon Proof of Stake?

Where should I stake my POL?

Is Polygon staking safe?

References

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Shraddha
Shraddha
Editor

I was introduced to crypto because the television news studio I worked in was doing a segment on the sector.  The world was talking about Bitcoin but it wasn't quite the phenomenon it is today. The journalist in me rushed... Read More

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