Everything you need to know about staking Polygon (MATIC) on the Ethereum network and how to claim MATIC staking rewards in Exodus.
To start staking MATIC from a self-custody wallet, download Exodus!
You can only stake MATIC on the Ethereum network. If you are unsure which network your MATIC tokens are on, visit: How can I tell which network my token uses?
In this article:
What is Polygon (MATIC) staking?
You can stake Polygon (MATIC) on the Ethereum network.
By staking MATIC, you actively support the Polygon network by allocating resources and contributing to its stability. Staking allows you to earn MATIC rewards that you can claim with your Exodus wallet.
In Exodus, staking MATIC means you agree to lock up an amount of MATIC for a time, during which you can't send or swap your tokens.
You can unstake your MATIC whenever you choose. The unstaking process takes 3-4 days, after which you must claim your unstaked MATIC to return it to your wallet.
You will need at least 1 MATIC to start staking and enough Ethereum (ETH) to pay the staking transaction fees.
Polygon (MATIC) staking FAQs
Answers to frequently asked questions about staking Polygon (MATIC).
What happens when I stake my MATIC?
When you stake your MATIC, you are delegating it to a validator.
Validators earn rewards by maintaining and securing the Polygon network. Rewards are then distributed to everyone who delegated (staked) their MATIC with the validator.
For an in-depth explanation of how MATIC staking works, visit the Polygon team's documentation: Introduction to Polygon PoS.
Is staking MATIC safe?
Staking your MATIC is done in a self-custodial way in Exodus.
Your MATIC is staked through the use of smart contracts. Only you have the control to withdraw your staked MATIC and rewards from the smart contract.
If you decide to stop staking MATIC, you can unstake it anytime. The unstaking process takes 3-4 days, after which you must claim your unstaked MATIC to return it to your wallet.
How does staking work?
When you stake your MATIC, you can choose how much MATIC you want to stake, as long as it's above the minimum stake amount of 1 MATIC.
After staking, you will begin to accumulate rewards immediately. However, you need to wait until you have earned at least 1 MATIC before you can claim rewards.
Staked MATIC is locked. You can only send and swap MATIC that is not staked.
Which validator will I be delegating my funds to?
When you stake MATIC in Exodus, you will support our third-party staking API provider Everstake.
How much can I earn from staking MATIC?
To learn more about Annual Percentage Yield (APY), please visit: What is APY?
In Exodus Mobile, you can view the estimated APY in the staking section of your MATIC wallet.
In Exodus Desktop, you can view the estimated APY in the staking section of your MATIC wallet.
In Exodus Web3 Wallet, you can view the estimated APY in the staking section of your MATIC wallet.
Are there fees to stake MATIC?
Yes, you will pay a network transaction fee to the Ethereum network whenever you stake, unstake, claim unstaked MATIC, or claim rewards. These fees are paid in Ethereum (ETH).
Stake transaction fee: The fee when staking your MATIC on the network
Unstake transaction fee: The fee to unstake your MATIC
Claim unstaked MATIC transaction fee: The fee to claim unstaked MATIC after the unstaking period
Claim rewards: The fee to claim MATIC rewards
To learn more about network transaction fees, please visit: What are transaction fees?
What is the minimum amount I need to start staking?
The minimum amount you can stake is 1 MATIC.
After you start staking, each time you stake more, you'll need to stake at least 1 MATIC.
When you stake MATIC, you will need some Ethereum (ETH) to pay the stake transaction fee.
When will I start earning rewards?
When you start staking MATIC, you will immediately begin to generate rewards. Your rewards balance is updated multiple times daily, so you will continue to see gradual increases over time.
You can view your earnings in your MATIC wallet's Stake section: How do I see my MATIC rewards?
For a guide on how to claim your rewards, jump to: How do I claim my MATIC rewards?
You won't earn rewards on your balance of unclaimed staking rewards. If you want your rewards to compound, you'll need to claim your rewards and stake them.
Why are my available rewards different from my all-time earnings?
a) All-Time Earnings show the total amount of rewards you have earned from staking MATIC. b) Available Rewards show the rewards you have earned but have not yet claimed.
When you claim your Available Rewards, that balance resets to 0 MATIC. Your All-Time Earnings do not reset and will continue to increase as you earn more rewards over time.
You can only claim rewards once your Available Rewards reach at least 1 MATIC.
You can track your earnings progress in your MATIC wallet's Stake section: How do I see my MATIC rewards?
For a guide on how to claim your available rewards, see: How do I claim my MATIC rewards?
You won't earn rewards on your balance of unclaimed staking rewards. If you want your rewards to compound, you'll need to claim your rewards and stake them.
How long until my MATIC finishes unstaking?
MATIC usually takes 3-4 days to unstake.
In Exodus Desktop, in the polygon staking menu, a) click on In Progress. b) Here, you can see the days remaining until your MATIC is unstaked and ready to be claimed.
For a more accurate estimation of when your MATIC will finish unstaking, you can check the remaining number of checkpoints left by connecting to the official Polygon staking portal.
You can connect with Exodus Mobile via WalletConnect or connect with Exodus Web3 Wallet.
After connecting, you can check the History tab to see the remaining checkpoints before your MATIC finishes unstaking. Every checkpoint takes approximately 30 minutes. However, some checkpoints might take longer depending on the traffic on the Ethereum network.
Once the unstaking period is complete, you can claim your unstaked MATIC.
Why can't I stake Polygon Ecosystem Token (POL)?
Currently, Exodus only supports Polygon staking with Polygon (MATIC) on Ethereum.
In September 2024, Polygon migrated to the POL token.
After the migration, there are now two different Polygon tokens on the Ethereum network. The original Polygon (MATIC) token and the new Polygon Ecosystem Token (POL) token.
Staking is not supported for the new Polygon Ecosystem Token (POL).
How do I stake MATIC?
Mobile
To stake your MATIC, you'll need some Ethereum (ETH) to pay the network transaction fee.
In Exodus Mobile, a) tap the Wallet icon, then b) swipe down to go to the profile screen.
Tap Staking.
Tap on Polygon.
Tap Stake MATIC.
a) Enter the amount of MATIC you want to stake, then b) tap Stake MATIC.
Tap Stake to confirm.
Desktop
To stake your MATIC, you'll need some Ethereum (ETH) to pay the network transaction fee.
In Exodus Desktop, click the Staking app.
Navigate to Polygon (MATIC) and click on Stake.
a) Enter the amount of MATIC you want to stake, then b) click Stake MATIC.
Click OK to confirm.
Web3 Wallet
To stake your MATIC, you'll need some Ethereum (ETH) to pay the network transaction fee.
In Exodus Web3 Wallet, a) click the Profile icon, then b) click Staking.
Click Polygon.
Click Stake MATIC.
a) Enter the amount of MATIC you want to stake. Finally, b) click Stake MATIC.
How do I unstake MATIC?
When you unstake MATIC, it takes 3-4 days for the MATIC to finish unstaking.
After the 3-4 day unstaking period, you must claim your unstaked MATIC to return it to your wallet.
Mobile
To unstake MATIC, you'll need some Ethereum (ETH) to pay the network transaction fee.
In the staking menu, tap on Polygon.
Tap Unstake.
a) Enter the amount of MATIC you want to unstake, then b) tap Unstake MATIC.
When you unstake your MATIC, you'll need to wait 3-4 days for it to become available. When your unstaked MATIC is available, you must claim it to return it to your wallet.
Tap Unstake to confirm.
Desktop
To unstake your MATIC, you'll need some Ethereum (ETH) to pay the network transaction fee.
In Exodus Desktop, click the Staking app.
Navigate to Polygon (MATIC), then click on Manage.
Click the Unstake tab.
a) Enter the amount of MATIC you want to unstake, then b) click Unstake MATIC.
When you unstake your MATIC, you'll need to wait 3-4 days for it to become available. When your unstaked MATIC is available, you must claim it to return it to your wallet.
Click Unstake MATIC to confirm.
Click Continue to return to your wallet.
Web3 Wallet
To unstake your MATIC, you'll need some Ethereum (ETH) to pay the network transaction fee.
In Exodus Web3 Wallet, a) click the Profile icon, then b) click Staking.
Click Polygon.
Click Unstake MATIC.
Click Unstake to confirm.
When you unstake your MATIC, you'll need to wait 3-4 days for it to become available. When it becomes available, you must claim it to return it to your wallet.
Click OK to return to your wallet.
How do I claim unstaked MATIC?
After you unstake MATIC, you'll need to wait 3-4 days for it to become available. When it becomes available, you must claim it to return it to your wallet.
You won't be able to send, swap, or restake any unstaked MATIC that hasn't been claimed.
Here's how you can claim unstaked MATIC.
Mobile
To claim your unstaked MATIC, you'll need some Ethereum (ETH) to pay the network transaction fee.
In the staking menu, tap on Polygon.
Tap Claim Unstaked MATIC.
You'll be shown a summary of how many MATIC tokens will be claimed back to your Exodus wallet. To confirm, tap Claim.
Desktop
To claim your unstaked MATIC, you'll need some Ethereum (ETH) to pay the network transaction fee.
In Exodus Desktop, click the Staking app.
Navigate to where it says Polygon (MATIC), then click on Get Reward.
a) Click on the In Progress tab, and then b) click Ready to Claim.
You'll be shown a summary of how many MATIC tokens will be claimed back to your Exodus wallet. Click Claim to confirm.
Click Done to return to your wallet.
Web3 Wallet
To claim your unstaked MATIC, you'll need some Ethereum (ETH) to pay the network transaction fee.
In Exodus Web3 Wallet, a) click the Profile icon, then b) click Staking.
Click Polygon.
Click Claim Unstaked MATIC.
Click Claim to confirm.
How do I claim MATIC rewards?
You can claim your MATIC rewards after you have earned at least 1 MATIC.
Rewards are not automatically added to your staked balance. To earn rewards on your rewards, you'll need to claim and stake them.
Mobile
To claim your MATIC rewards, you'll need some Ethereum (ETH) to pay the network transaction fee.
In the staking menu, tap on Polygon.
Tap Claim Rewards.
You need to have earned at least 1 MATIC to claim rewards.
Tap Claim to confirm.
Finally, tap Continue to return to your wallet.
Desktop
To claim your MATIC rewards, you'll need some Ethereum (ETH) to pay the network transaction fee.
In Exodus Desktop, click the Staking app.
Navigate to Polygon (MATIC), then click on Get Reward.
From the Overview tab, click Claim Rewards.
You need to have earned at least 1 MATIC to claim rewards.
Click Claim to confirm.
Finally, click OK to return to your wallet.
Web3 Wallet
To claim your MATIC rewards, you'll need some Ethereum (ETH) to pay the network transaction fee.
In Exodus Web3 Wallet, a) click the Profile icon, then b) click Staking.
Click Polygon.
Click Claim Rewards.
You need to have earned at least 1 MATIC to claim rewards.
To begin claiming your rewards, click Claim.
You will be shown the claim transaction fee. Click Continue to confirm.
Click Done to return to your MATIC staking section.
How do I see my MATIC rewards?
Mobile
In Exodus Mobile, tap on your Polygon (MATIC) wallet.
Here, you'll see your earned MATIC rewards.
Desktop
In Exodus Desktop, click the Staking app.
Navigate to Polygon (MATIC), then click Get Reward.
Under Available Rewards, in the Overview tab, you'll see the current amount of MATIC rewards you have earned so far.
Web3 Wallet
In Exodus Web3 Wallet, a) click the Profile icon, then b) click Staking.
Click Polygon.
The total amount of MATIC rewards you have earned so far is displayed under Earnings.
