How to Stake Polygon MATIC | Polygon Staking Tutorial

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  • Опубликовано: 20 авг 2024
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    Polygon staking tutorial: In this video, we’ll learn how to stake MATIC Polygon. Staking MATIC is a great way to earn passive income on your MATIC tokens.
    In just a few taps, you can generate a crypto passive income by staking Polygon MATIC coin directly from your mobile or browser extension wallet. Additionally, staking MATIC helps secure the Polygon network.
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    This content is for educational and informational purposes and is not investment advice. You should consult a qualified licensed advisor before engaging in any transaction. Exodus cannot guarantee the performance of the third-party platforms shown in this video. Its products/services, the steps shown, and the information provided may not always be accurate and are subject to change.
    Polygon Matic staking: how to stake MATIC

Комментарии • 31

  • @exodus
    @exodus  11 месяцев назад

    ★☆★ Download Exodus: get.exodus.com/44VGOrH
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  • @edkaminski6355
    @edkaminski6355 11 месяцев назад +16

    It looks like, unless you have 10s of thousands of MATIC to stake, the ETN network fees in the process will swamp any staking rewards that you might receive. Interesting anyway.

    • @toomanydiscs1056
      @toomanydiscs1056 10 месяцев назад +3

      I have a little over 10k matic and it still isn't worth it. ETH fees are more than the stake rewards

    • @youngarsonist02
      @youngarsonist02 10 месяцев назад +1

      Damn, sad but good to know

    • @MrSerf45
      @MrSerf45 9 месяцев назад +1

      Same here just added Matic to stake and my rewards are gone bc the network fees are ridiculous high

    • @MarkSmithhhh
      @MarkSmithhhh 9 месяцев назад

      Yep 100% thats the only reason I haven't staked it's just dumb

    • @dkibs2473
      @dkibs2473 7 месяцев назад

      Do yall leave it on eth network or on the magic network?

  • @DE480FC
    @DE480FC 11 месяцев назад +10

    Unfortunately staking anything on ETH blockchain doesn't make sense due to fees.

  • @toomanydiscs1056
    @toomanydiscs1056 10 месяцев назад +5

    Wow you paid $15 in eth fees to stake 1 matic??? Was going to transfer my matic I bought on CRO and currently have staked there, but it makes no sense to use Exodus if I have to pay eth fees.

  • @faketoothtommy
    @faketoothtommy 8 месяцев назад +4

    staking matic on eth through exodus was such a bad idea, wish i never did it.

  • @ZeroNino
    @ZeroNino 11 месяцев назад +1

    Keep it up guys... Love, how you guys keep us informed with details... Well done!

    • @exodus
      @exodus  11 месяцев назад +1

      Thanks! We'll keep creating these info goodies for sure. 🙌 - AC

  • @dominicfarrugia8052
    @dominicfarrugia8052 11 месяцев назад +2

    It's a shame that you can't just do it offer the polygon network as well 😒

    • @exodus
      @exodus  11 месяцев назад +1

      This has come up a few times, Dominic. Currently, it's not possible to stake on the Polygon network. If this changes in the future, we will look into it! Stick around. We have lot's more on the way throughout 2023. It's fantastic to have you with us. 🫶 -MW

  • @andersonTheOnlyOne
    @andersonTheOnlyOne 4 месяца назад

    Did dencun do anything about the gas fee for staking and unstaking?

  • @kavaskous
    @kavaskous 11 месяцев назад +2

    Absolutely hilarious. It doesnt stake on its own network so you need $15+ $ETH.
    I'll stick with the cosmos ecosystem. Hopefully one day you guys can integrate coins like $STARS, $OSMO, $EVMOS, $JUNO, $STRD and $ATOM's $NTRN. You'd give Keplr a run for their money.

    • @exodus
      @exodus  11 месяцев назад

      Thanks for sharing your thoughts with us 🙏 Your interest in integrating coins like $STARS, $OSMO, $EVMOS, $JUNO, $STRD and $ATOM's $NTRN have been noted ✅
      Without making any promises, keep an eye out for our biweekly releases... there's plenty more in store! -BT

    • @exodus
      @exodus  11 месяцев назад

      As a side note - $OSMO is currently supported in Exodus 🎉 However, staking support for OSMO is in our suggestion box for further review. No promises at this stage, but thanks for your comment 🙂 -BT

  • @emills1417
    @emills1417 11 месяцев назад +4

    Ok crypto selection but their fees!!! Also avoid buying some tokens as they will get stuck in your exodus wallet and will not be able to sell, transfer, or do anything with them until you log onto a 3rd party exchange and buy more product and transfer it to your wallet just so you can get your crypto out. Goofy.

    • @exodus
      @exodus  11 месяцев назад

      Hey Erik, thanks for reaching out 🙏. I understand that sending fees and minimums aren't ideal. However, it's important to know that Exodus doesn't benefit in any way from your sending transaction fees. Your sending transaction fees all go toward the network you're using. More details are posted at the link below:
      ➡️ www.exodus.com/support/article/34-how-do-i-send-crypto-out-of-exodus
      I hope this helps clarify things. Please don't hesitate to follow up with any questions. We've got your back. -BT

  • @JG-fh7uj
    @JG-fh7uj 9 месяцев назад

    I just staked my Matic on Exodus, and now I have to wait up to a year just to be able to break even, it cost me around 20$ to stake,and now upon reaching my minimum of 1 to be able to withdraw, it was gona cost me another $22 (to withdraw 1 matic) what a waste!

    • @exodus
      @exodus  9 месяцев назад

      Hi there, JG 👋 Significant increases in network activity, like we've witnessed recently, lead to increased gas fees (which are paid 100% to miners on the network -- not to Exodus). If you need help with your transaction, we're available 24 hours a day at support[@]exodus.com. We're here to help! -ES

  • @cloud10property40
    @cloud10property40 6 месяцев назад

    Do you get airdrops if you stake through exodus

  • @bernedettejoy
    @bernedettejoy 10 месяцев назад +1

    Why is there no stake in matic network?

    • @exodus
      @exodus  10 месяцев назад

      I'm glad you asked, Bern! 💯 It's currently not possible to stake MATIC on Polygon. That's why you would be staking MATIC on the Ethereum network in this case.
      I hope this helps clarify. If you have other questions, just give us a shout 😌-BT

  • @DiegoMedeiros-oj1sn
    @DiegoMedeiros-oj1sn 9 месяцев назад

    How long does it stay locked?

    • @exodus
      @exodus  9 месяцев назад

      Hi Díego, 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.
      More details can be found in our staking guide below:
      www.exodus.com/support/article/3062-polygon-staking-faq
      I hope this helps! -BT

  • @crypticvega88
    @crypticvega88 7 месяцев назад

    Not worth it. Eth gas fees to high.