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How to stake POL on the Ethereum blockchain
How to stake POL on the Ethereum blockchain

Polygon (POL) Staking

Allnodes Team avatar
Written by Allnodes Team
Updated over 3 months ago

The POL tokens (formerly MATIC) that you stake can be held in Ledger, Trezor, MetaMask, Coinbase, Trust, or any other wallet that supports WalletConnect.

How to set up a Polygon Network in MetaMask (Not required for Staking):
Click on the Fox icon here: https://polygon.publicnode.com

POL staking is only available on the Ethereum blockchain.

The unbonding period is 80 checkpoints (30 to 40 hours).

Our Validator Node: Allnodes


Instructions for Ledger (through Ledger Live):

  1. Connect your Ledger wallet to your computer and open the Ethereum app on it.
    If you already have at least 1 POL and 0.02 ETH in your wallet, start at step 9.

  2. Open the Ledger Live app and press the "Accounts" tab.

  3. Press the "Add account" button, select Ethereum, and press the "Continue" button.

  4. Press the "Add account" button, then the "Done" button.

  5. Click on your account, press the "Manage" button, and select the "Receive" menu.

  6. Press the "Continue" button and copy your address.

  7. Send at least 1 POL and 0.02 ETH to that address.

    0.02 ETH is required to cover the fees of the initial and future staking transactions.

  8. Close the Ledger Live app.

  9. Press the "CONNECT" button and select the "Ledger" option.

  10. Follow further instructions from Allnodes.
    While we are a non-custodial service, when staking, technically your coins will be sent from your wallet to the staking smart contract: 0x5e3ef299fddf15eaa0432e6e66473ace8c13d908


Instructions for Trezor (through Trezor Suite):

  1. Connect your Trezor wallet to your computer.
    If you already have at least 1 POL and 0.02 ETH in your wallet, start at step 8.

  2. Download and install Trezor Suite from the official website: https://suite.trezor.io

  3. Press the "+" button and select Ethereum.

  4. Click on the added account, click on the "..." button, and select the "Receive" menu.

  5. Press the "Show full address" button and copy your address.

  6. Send at least 1 POL and 0.02 ETH to that address.
    0.02 ETH is required to cover the fees of the initial and future staking transactions.

  7. Close the Trezor Suite app.

  8. Press the "CONNECT" button and select the "Trezor" option.

  9. Follow further instructions from Allnodes.
    While we are a non-custodial service, when staking, technically your coins will be from your wallet to the staking smart contract: 0x5e3ef299fddf15eaa0432e6e66473ace8c13d908


Instructions for MetaMask:

  1. Download and install the MetaMask wallet from the official website: https://metamask.io
    If you already have at least 1 POL and 0.02 ETH in your wallet, start at step 4.

  2. Open your wallet and copy your address.

  3. Send at least 1 POL and 0.02 ETH to that address.
    0.02 ETH is required to cover the fees of the initial and future staking transactions.

  4. Press the "CONNECT" button and select the "MetaMask" option.

  5. Follow further instructions from Allnodes.
    While we are a non-custodial service, when staking, technically your coins will be sent from your wallet to the staking smart contract: 0x5e3ef299fddf15eaa0432e6e66473ace8c13d908


Instructions for Coinbase Wallet:

  1. Download and install the MetaMask wallet from the official website: https://www.coinbase.com/wallet
    If you already have at least 1 POL and 0.02 ETH in your wallet, start at step 4.

  2. Open your wallet and copy your address.

  3. Send at least 1 POL and 0.02 ETH to that address.
    0.02 ETH is required to cover the fees of the initial and future staking transactions.

  4. Press the "CONNECT" button and select the "Coinbase Wallet" option.

  5. Follow further instructions from Allnodes.
    While we are a non-custodial service, when staking, technically your coins will be sent from your wallet to the staking smart contract: 0x5e3ef299fddf15eaa0432e6e66473ace8c13d908


Instructions for Trust wallet:

  1. Download and install the Trust wallet: https://trustwallet.com
    If you already have at least 1 POL and 0.02 ETH in your wallet, start at step 4.

  2. Select Polygon in the list and click on the "Receive" button.

  3. Send at least 1 POL and 0.02 ETH to that address.
    0.02 ETH is required to cover the fees of the initial and future staking transactions.

  4. Press the "CONNECT" button and select the "Trust" wallet option.

  5. Open the "Settings" tab in your Trust wallet and press the "New Connection" button.

  6. Scan the QR code from the Allnodes website with your Trust wallet.

  7. Follow further instructions from Allnodes.
    While we are a non-custodial service, when staking, technically your coins will be sent from your wallet to the staking smart contract: 0x5e3ef299fddf15eaa0432e6e66473ace8c13d908


How to undelegate:

There are two actions required with gas. The first action is to confirm undelegation, which takes 80 checkpoints (30 to 40 hours). After the time period is complete, you need to claim the withdrawal with a second gas transaction from https://www.allnodes.com/portfolio

Have Questions?
Send us an email at [email protected]

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