When Matic network staking will be available?

Question

Polygon Official Community

Diamond Hands

When Matic network staking will be available?

#blockchain #cryptocurrency #english #matic

0

29.09.2021

5 ответов

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Diamond Hands Автор вопроса

Yes but on Binance we can lock Matic tokens and earn the same interest without having to pay for ETH fee for staking. Is there something in development from Matic team where people can stake on Matic network itself without ETH fees and give higher returns than Binance? (Most chains has this functionality so I think this can be made on Matic network also)

0

30.09.2021

Matt | Blocks United Validator (WILL NEVER DM YOU FIRST)

Binance rarely offers as high a yield as staking directly with a validator node, like ours at Blocks United. You can earn between 13% and 13.56% staking directly, depending on validator commission. Plus, you don't have to lock up your tokens. ETH fees suck, but over the years staking directly is much more profitable than staking with at 12% or more Binance. The developers have talked about moving validators to Polygon mainnet, but they are slow to act.

0

30.09.2021

Diamond Hands Автор вопроса

For 90 days Binance is giving 14% But I hope Polygon devs develop Matic network staking sometime soon.

0

30.09.2021

Matt | Blocks United Validator (WILL NEVER DM YOU FIRST)

That's excellent and have no idea how Binance is doing it. Take that deal.

0

30.09.2021

Matt | Blocks United Validator (WILL NEVER DM YOU FIRST) · Accepted Answer

You are welcome to stake with our node at Blocks United. Current APY is just over 13%. Please know that MATIC staking is on ethereum, not polygon mainnet so your tokens must be erc20. You can stake directly within Frontier Wallet or by connecting Metamask, Coinbase wallet, or Trust Wallet to the Polygon dashboard. Our node's page at the polygon dashboard is https://wallet.polygon.technology/staking/validators/116 We also have a great staking tutorial on our blog, with video that walks you through the process from beginning to end. You can check it out here https://blocksunited.com/how-to-stake-matic-tokens-on-the-polygon-network/ We view our delegators as partners, so let me know how else I can help.

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When Matic network staking will be available?

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