Stake Polygon
with Simply Staking

Polygon is a scaling solution for Ethereum that improves its speed, efficiency, and transaction costs by using a Layer 2 infrastructure. It offers a flexible framework for building and connecting Ethereum-compatible blockchain networks, making it easier for developers to deploy decentralized applications (dApps) with enhanced performance.

Polygon reduces gas fees by processing transactions on its Layer 2 network rather than directly on the Ethereum mainnet. This off-chain approach lightens the load on Ethereum, allowing for faster and more cost-effective transactions while preserving the security of the Ethereum blockchain.

Polygon supports a wide range of decentralized applications, including DeFi protocols, NFT platforms, gaming dApps, and Web3 projects. Its EVM (Ethereum Virtual Machine) compatibility makes it easy for developers to build or port Ethereum-based applications to Polygon with minimal modifications.

Yes, Polygon prioritizes security through a combination of Ethereum's Layer 1 security and its own consensus mechanisms on Layer 2. Polygon’s Plasma framework and its Proof-of-Stake (PoS) validators safeguard transactions and assets on the network, ensuring users experience a secure and reliable blockchain environment.

POL is the native token of the Polygon network, used for transaction fees, staking, and governance. By staking POL, users can help secure the network and earn rewards, while developers use POL to power transactions and deploy smart contracts within the ecosystem.

Developers can start building on Polygon by accessing its developer documentation and SDKs for creating scalable dApps. Users can get started by connecting a compatible wallet, such as MetaMask, to access Polygon-based applications or transfer assets from Ethereum using the Polygon Bridge for low-cost, high-speed transactions.

Staking POL on Polygon is not available anymore, since MATIC has been replaced by POL. It helped secure the Polygon network and enables you to earn rewards while supporting decentralization. Simply Staking makes the process easy, secure, and transparent.

Connect your wallet to our Polygon Staking Dashboard (find the link above), click Delegate, connect your wallet and select the amount of POL to delegate, and confirm your transaction. Our validator manages performance and uptime for optimal rewards.

Staking rewards depend on validator performance, total network participation, and inflation rates. You can view the latest APY on the Simply Staking dashboard in real time.

Yes, Polygon sets a small minimum staking threshold. Simply Staking allows users of all sizes, from retail to institutional, to stake easily.

The unbonding period on Polygon is 82 checkpoints. This is approximately ~3-4 days. Every checkpoint takes approximately 3 hours. However, some checkpoints could be delayed due to congestion on Ethereum. This period applies to the originally delegated amount and re-delegated amounts. It does not apply to any rewards that were not re-delegated.

Yes. The Ledger hardware wallet supports Polygon via third-party integrations like MetaMask and Polygon apps, allowing you to manage MATIC securely with cold storage.

Open MetaMask → click “Add Network” → choose Polygon or manually enter the RPC details: - Network Name: Polygon Mainnet - RPC URL: https://polygon-rpc.com - Chain ID: 137 - Currency Symbol: MATIC - Block Explorer: https://polygonscan.com

You can buy POL on major exchanges (Binance, Coinbase, Kraken) and then transfer it to your Polygon wallet address using the Polygon network option.

Polygon achieves transaction finality in about 2 seconds, with low fees typically under $0.01, making it one of the fastest and most cost-effective networks for DeFi and staking.

Go to “My Account” to check 'Your Delegations'. Clicking on 'Restake Reward' will ask you for confirmation from your Metamask account. Once you confirm the transaction, only then the restake transaction would be completed. (Note: Updates have been made in the UI to reflect the change from 'MATIC' to 'POL').