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What is Polygon (POL) Staking?
What is Polygon (POL) Staking?

Support the Polygon network and earn earn interest by staking POL

Mike avatar
Written by Mike
Updated over 3 months ago

When staking Polygon (POL) you are supporting the network with the additional benefit of compounding your POL!

Staking is a method of operating and securing the network. It is the process of holding POL in order to earn rights to participate in the "validation" of transaction blocks, and in doing so "Validators" are recompensed with rewards. In order to be a "Validator" and participate in these operations, one is required to maintain a server running continuously, technological knowhow, experience, and have a significant amount of POL stake.

This is where P2P.org Validator comes in, we allow POL token holders to participate in staking without all the heavy lifting i.e maintenance, surety bonds etc. by "delegating" their POL to P2P.org. We accumulate users' stake and act as a major validation node, receiving and allocating staking rewards between our users pro rata to the delegation.

Users that chose to stake with P2P.org maintain full custody of their POL at all times and P2P.org will never have access to them.

Example:

Let's assume the APR for staking POL is 5% with a fee of 1%, and 1000 POL are delegated to P2P.


Reward: 1000*5% = 50 POL

Fee = 50*1% = 0.5 POL
Estimated balance after one year = 1000+50-0.5 = 1049.5 POL

By simply delegating my 1000 POL as I hold it, I will have supported the network and earned an additional 49.5 POL after one year.

To find out today's APR and a fees for POL, visit P2P Staking Rewards and fees.

Please keep in mind that the APR and Fees specified are approximate and changes along with network conditions.

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