How to stake POL (Polygon)
Everything you need to know to stake Polygon, the Layer 2 scaling solution built on Ethereum.
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Everything you need to know to stake Polygon, the Layer 2 scaling solution built on Ethereum.
Last updated
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Polygon (POL) is a decentralized Ethereum scaling platform that aims to improve the scalability and usability of the Ethereum blockchain while maintaining its security and decentralization.
It provides Layer 2 scaling solutions like sidechains, rollups, and plasma chains, enabling faster and cheaper transactions.
Polygon also supports the creation and connection of multiple blockchain networks, enhancing interoperability among different chains. The POL token is used for governance, staking, and paying transaction fees within the Polygon ecosystem
CATEGORY
DETAILS
Chorus One Validator Address
0xbbd83024be631bb6f3dd3c0363b3d43b5d91c35f
Block Explorer
Staking Rewards
Unstaking Period
21 Days
Commission
5%
To start staking POL, first log in to https://staking.polygon.technology/ on the browser of your choice.
Please ensure that the browser has integrated any of the wallets supported by Polygon.
Then, click on Login and connect to the wallet of your choice.
Click ‘View all’ to see all the wallets supported by Polygon. We have chosen MetaMask.
Once you have connected your wallet, click on ‘Become a Delegator’, and search for ‘Chorus One’ amongst the list of available validators.
Click on ‘Chorus One’ to verify all the details. Ensure that the Validator address (shown as ‘Owner’) is:
0xbbd83024be631bb6f3dd3c0363b3d43b5d91c35f
Note: The commission rate to stake POL with Chorus One will be shown on the validator screen.
Once you have verified all the details, click ‘Become a Delegator’.
Next, enter the amount of POL you would like to stake. Then, click ‘Continue’.
You will be redirected to your wallet to approve the transaction, which can take up to a few minutes.
You have now completed the process and staked your POL with Chorus One!
If you are an institutional investor looking to stake Polygon (POL) with Chorus One, please reach out to us via our staking request form.