Staking Polygon (MATIC) FAQs

Everything you need to know about staking Polygon (MATIC) in Exodus to earn Polygon staking rewards.

To start earning MATIC rewards in a self-custody wallet, download Exodus!

You can stake MATIC on the Ethereum network.

Unsure which network your MATIC tokens are on? To find out, visit: How can I tell which network my token uses?

In this article:

What is Polygon (MATIC) staking, and how can I benefit from it?

You can stake Polygon (MATIC) on the Ethereum network to earn passive income.

By staking your MATIC, you actively support the Polygon network by allocating resources to it and contributing to its stability. In return, you earn MATIC on Ethereum as a reward!

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 participate in staking. The more MATIC you stake, the more MATIC rewards you will earn.

To stake and earn MATIC from a self-custody wallet, download Exodus!

Tutorial video: How to stake Polygon (MATIC)?

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're delegating your MATIC to a validator. By delegating your tokens to a validator, you vote for and signal your trust in it.

Validators earn rewards by maintaining and securing the Polygon network. Rewards are then distributed to everyone who delegated (staked) their MATIC with the validator.

If you would like an in-depth explanation of how MATIC staking works, you can read 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 of your MATIC you want to delegate to the validator.

You must stake a minimum 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 claiming your rewards.

While staking is active, you will only be able to send and swap MATIC tokens that aren't staked.

Which validator will I be delegating my funds to?

When you stake your MATIC in Exodus, you will support our staking API provider Everstake.

Everstake has a comprehensive guide on how they manage MATIC staking, which you can read here: Polygon Overview: Scaling the Ethereum Blockchain.

How much can I earn from staking my MATIC?

To learn more about Annual Percentage Yield (APY) and how to view the current APY for MATIC, please check out: What is APY?

On Exodus Mobile, you can see a summary of the Average Reward Rate and your Earnings in the staking section of your MATIC wallet.

On Exodus Desktop, when the Ethereum network is selected in your MATIC wallet, you can see the APY for staking MATIC in the top left corner.

On Exodus Web3 Wallet, in your MATIC staking section, you can see the average APY for staking MATIC in the overview.

Does Exodus charge a fee to stake my MATIC?

No, Exodus does not charge a fee to stake MATIC.

However, there are a few Ethereum network fees when staking MATIC. 100% of these fees go to the Ethereum network. They are paid in Ethereum (ETH).

Stake transaction fee:

  • The transaction fee for sending the delegation transaction when you stake your MATIC

Unstake transaction fee:

  • The transaction fee for unstaking your MATIC

Claim unstaked MATIC transaction fee:

  • The transaction fee for claiming unstaked MATIC after the 3-4 day unstaking period

Claim rewards transaction fee:

  • The transaction fee for moving your MATIC rewards from your staking address to your regular address

To learn more about network fees, visit: What are transaction fees?

What is the minimum amount I need to start staking?

You need to stake at least 1 MATIC.

Each time you want to stake more MATIC, you must also 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 decide to stake your MATIC, you will begin to generate rewards right away. Your rewards balance is updated multiple times a day, 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 earnings?

While you continually earn rewards by staking MATIC, you can only claim those rewards once your earnings reach at least 1 MATIC.

a) Earnings shows the amount of rewards you have earned from staking MATIC. When you have earned at least 1 MATIC, you will see the amount you can claim in b) Available Rewards:

When you claim your available rewards, your Earnings and Available Rewards balance will reset back to 0 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, 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.

How long until my MATIC finishes unstaking?

MATIC usually takes 3-4 days to unstake. 

In Exodus Desktop, a) click on the  Rewards app, then b) click on Overview. You can see the days remaining until your MATIC is unlocked in the Unstaking field. 

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 that are left 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.

How do I swap MATIC on Polygon to MATIC on Ethereum?

Staking MATIC can only be done on the Ethereum network. If you have a balance of MATIC on the Polygon network, you'll need to swap it for MATIC on the Ethereum network.

To swap your MATIC from the Polygon network to the Ethereum network, follow the steps in our guide: How do I swap crypto in Exodus Swap?

Here's what your swap screen will look like to swap MATIC on Polygon to MATIC on Ethereum:

Swapping MATIC from the Polygon network to the Ethereum network is only supported on Exodus Mobile and Desktop.

Mobile

Desktop

Once the swap is complete and you've received your MATIC on the Ethereum network, you'll be ready to stake your MATIC!

How do I stake my MATIC?

Mobile

To stake your MATIC, you'll need some Ethereum (ETH) in your wallet to pay the network transaction fee.

1
In Exodus Mobile, open your Polygon (MATIC) wallet on the Ethereum network. a) Tap the Wallet icon, then b) select Polygon (MATIC). If you do not have MATIC on Ethereum enabled, you can enable it by following these instructions: How do I enable or disable assets?

2
In your Polygon (MATIC) wallet, if you have enabled MATIC on multiple networks, you will need to select MATIC on Ethereum. a) Tap the dropdown menu, and b) select Ethereum.

3
Tap the Stake icon.

4

Tap Stake MATIC. 

5
To start staking your MATIC, a) enter the amount of MATIC you want to stake, then b) tap Stake MATIC.

6
You will be prompted to confirm the amount you wish to stake. To proceed with staking, tap Stake.

And that's it! Your MATIC is now staked and will earn rewards in your Exodus wallet!

Desktop

To stake your MATIC, you'll need some Ethereum (ETH) in your wallet to pay the network transaction fee.

1
In Exodus Desktop, click the Rewards app.

If you do not have the Rewards app installed, you can learn how to install it in our guide: What is the Rewards app in Exodus Desktop?

2
Navigate to where it says Polygon (MATIC) and then click on Get Reward.

3
a) Enter the amount of MATIC you want to stake, then b) click on Stake MATIC. 

4
Click OK to confirm.

And that's it! Your MATIC is now staked and will earn rewards in your Exodus wallet!

Web3 Wallet

To stake your MATIC, you'll need some Ethereum (ETH) in your wallet to pay the network transaction fee.

1
In Exodus Web3 Wallet, open your Polygon (MATIC) wallet on the Ethereum network. a) Click the Wallet icon, then b) select Polygon (MATIC). If you do not have MATIC on Ethereum enabled, you can enable it by following these instructions: How do I enable or disable assets?

2
Click the Stake icon.

3

Click Stake MATIC.

4
To start staking your MATIC, a) enter the amount of MATIC you want to stake, then b) click Stake MATIC.

5
You will be shown a summary of the amount you have staked. To return to your MATIC staking section, click OK.

And that's it! Your MATIC is now staked and will earn rewards in your Exodus wallet!

How do I unstake my 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 your MATIC, you'll need some Ethereum (ETH) in your wallet to pay the network transaction fee.

1
In Exodus Mobile, a) tap the Wallet icon, then b) select Polygon (MATIC).

2
In your Polygon (MATIC) wallet, a) tap the dropdown menu, and b) select Ethereum.

3
Tap the Stake icon.

4
Tap Unstake MATIC.

5

a) Enter the amount of MATIC you want to unstake, and 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.

Desktop

To unstake your MATIC, you'll need some Ethereum (ETH) in your wallet to pay the network transaction fee.

1
In Exodus Desktop, click the Rewards app.

2
Navigate to where it says Polygon (MATIC), then click on Get Reward.

3
In the navigation bar, click Unstake.

4

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.

5

Click Continue to return to your wallet.

Web3 Wallet

To unstake your MATIC, you'll need some Ethereum (ETH) in your wallet to pay the network transaction fee.

1
In Exodus Web3 Wallet, a) click the Wallet icon, then b) select Polygon (MATIC).

2
Click the Stake icon.

3
Click Unstake MATIC.

4

You will be shown a summary of your unstake request. To confirm, click Unstake.

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.

5

You will receive a confirmation message. To continue back to your MATIC staking section, click OK.

And that's it! You have successfully unstaked your MATIC, which you can claim back to your balance in 3-4 days.

How do I claim my unstaked MATIC?

After you unstake your MATIC, you'll need to wait 3-4 days for it to become available. When it becomes available, you must claim your unstaked MATIC to return it to your wallet.

You won't be able to send, swap, or restake any unstaked MATIC that has not been claimed.

Here's how you can claim your unstaked MATIC.

Mobile

To claim your unstaked MATIC, you'll need some Ethereum (ETH) in your wallet to pay the network transaction fee.

1
In Exodus Mobile, a) tap the Wallet icon, then b) select Polygon (MATIC).

2
In your Polygon (MATIC) wallet, a) tap the dropdown menu, and b) select Ethereum.

3
Tap the Stake icon.

4
Tap Claim Unstaked MATIC.

5
You'll be shown a summary of how many MATIC tokens will be claimed back to your Exodus wallet. To confirm, tap Claim.

And that's it! You have successfully claimed your unstaked MATIC, which will soon be added to your MATIC balance.

Desktop

To claim your unstaked MATIC, you'll need some Ethereum (ETH) in your wallet to pay the network transaction fee.

1
In Exodus Desktop, click the Rewards app.

2
Navigate to where it says Polygon (MATIC), then click on Get Reward.

3
a) Click on the In Progress tab, and then b) click Ready to Claim. 

4
You'll be shown a summary of how many MATIC tokens will be claimed back to your Exodus wallet. Click Claim to confirm.

5
To return to your wallet, click Done.

And that's it! You have successfully claimed your unstaked MATIC, which will soon be added to your MATIC balance.

Web3 Wallet

To claim your unstaked MATIC, you'll need some Ethereum (ETH) in your wallet to pay the network transaction fee.

1
In Exodus Web3 Wallet, a) click the Wallet icon, then b) select Polygon (MATIC).

2
Click the Stake icon.

3
Click Claim Unstaked MATIC.

4
You'll be shown a summary of how many MATIC tokens will be claimed back to your Exodus wallet. To confirm, click Claim.

And that's it! You have successfully claimed your unstaked MATIC, which will soon be added to your MATIC balance.

How do I claim my 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) in your wallet to pay the network transaction fee.

1
In Exodus Mobile, a) tap the Wallet icon, then b) select Polygon (MATIC).

2
In your Polygon (MATIC) wallet, a) tap the dropdown menu, and b) select Ethereum.

3
Tap the Stake icon.

4

Tap Claim Reward.

You need to have earned at least 1 MATIC to claim rewards.

5
To claim your rewards, tap Claim.

6
To return to your wallet, tap Continue.

And that's it! You have successfully claimed your MATIC rewards, which will be added to your MATIC balance soon.

Desktop

To claim your MATIC rewards, you'll need some Ethereum (ETH) in your wallet to pay the network transaction fee.

1
In Exodus Desktop, click the Rewards app.

2
Navigate to where it says Polygon (MATIC), then click on Get Reward.

3

From the Overview tab, click Claim Rewards.

You need to have earned at least 1 MATIC to claim rewards.

4
To claim your rewards, click Claim.

5
To return to your wallet, click OK.

And that's it! You have successfully claimed your MATIC rewards, which will be added to your MATIC balance soon.

Web3 Wallet

To claim your MATIC rewards, you'll need some Ethereum (ETH) in your wallet to pay the network transaction fee.

1
In Exodus Web3 Wallet, a) click the Wallet icon, then b) select Polygon (MATIC).

2
Click the Stake icon.

3

Click Claim Rewards.

You need to have earned at least 1 MATIC to claim rewards.

4
To begin claiming your rewards, click Claim.

5
You will be shown a summary of your claim fees. To proceed with claiming rewards, click Continue.

6
Lastly, click Done to return to your MATIC staking section.

And that's it! You have successfully claimed your MATIC rewards, which will be added to your MATIC balance soon.

How do I see my MATIC rewards?

You can see MATIC rewards you've earned by following these steps:

Mobile

1
In Exodus Mobile, a) tap the Wallet icon, then b) select Polygon (MATIC).

2
In your Polygon (MATIC) wallet, a) tap the dropdown menu, and b) select Ethereum.

3
Tap the Stake icon.

4
You'll see the total amount of MATIC rewards you have earned so far under Earnings. 

Desktop

1
In Exodus Desktop, click the Rewards app.

2
Navigate to where it says Polygon (MATIC),then click on Get Reward.

3
In your Overview tab, you'll see the current amount of MATIC rewards you have earned so far under Available Rewards,.

Web3 Wallet

1
In Exodus Web3 Wallet, a) click the Wallet icon, then b) select Polygon (MATIC).

2
Click the Stake icon.

3
You'll see the total amount of MATIC rewards you have earned so far under Earnings.

Exodus is not affiliated with any third-party platforms, external links, or any other third-party resources mentioned in this article. As such, Exodus cannot guarantee the performance of third-party products or services, or that the steps shown and the information provided will always be accurate.