Blockdaemon is proud to be a Polygon network validator.
As a Polygon validator, Blockdaemon actively helps maintain the blockchain and offers easy access to institutional staking.
Want to hear more about how Blockdaemon can help you with your Blockchain journey? Contact us today to chat more about our blockchain solutions, or read on to get a closer look at what’s new.
Our best in class infrastructure supports the Polygon network, providing a strong foundation on which projects build scalable decentralized applications (dApps).
Running your own polygon node allows you to receive staking rewards and add to the health of the network. However, doing so comes with high costs, and it is not always feasible for institutions and businesses to build and maintain your own node.
Blockdaemon provides easy access to the Polygon network. Our years of expertise significantly lowers the barrier to entry for businesses looking to stake MATIC.
For years, Blockdaemon has operated nodes across dozens of cutting edge blockchains. Blockdaemon provides a high-quality, reliable blockchain service to further strengthen the Polygon ecosystem, allowing institutions to leverage our gold-standard staking services.
Easy Access to Polygon Staking
Our validator support provides a critical on-ramp for institutions wishing to stake their holdings in Polygon’s Proof-of-Stake (PoS) network.
Rather than facing the ongoing challenges of self-running a validator Node, it is now possible to outsource Polygon staking to Blockdaemon. Our staking solution is maintained by our team of world-class blockchain engineers. This brings all the benefits of easy access to staking rewards, without the infrastructure overheads.
With Blockdaemon, it is now possible for institutions to connect to Polygon with one single integration.
How to Stake Polygon (MATIC) Tokens
Blockdaemon now facilitates simple non-custodial MATIC staking for clients.
Staking to Blockdaemon is easy with these 3 simple steps:
Step 1: Access the MATIC Staking Dashboard and Wallet
Access the official MATIC staking dashboard and select your preferred wallet where your funds are available for staking.
Step 2: Delegate to Blockdaemon’s Validators
In the Polygon staking dashboard search “Blockdaemon”. Click on the Delegate button and select how much you’d like to delegate. Delegate to Blockdaemon.
Step 3: Check Status and Rewards
On the main staking dashboard, click on your wallet icon in the top right of the page and select Open Account Page to access your Account.
Staked MATIC tokens and rewards can be withdrawn from this page. To calculate your delegation rewards you can use Polygon’s staking calculator.
Things to keep in mind when staking MATIC are the unbonding period and minimum self-stake requirement. MATIC’s current unbonding period is 3- 4 days, with no minimum self-stake requirement.
Running a validator node to stake crypto involves technical know-how to prevent any disruption in the staking process.
Blockdaemon’s slashing insurance guarantee protects all clients from any risk of slashing. We ensure our nodes have 99,9% uptime to maximize your staking returns. Our industry-leading ‘node stack’ and expertise supports Polygon’s ongoing success.
We provide a single staking integration for Polygon’s cohort of builders and stakers.
What is Polygon Staking?
Staking with Blockdaemon adds to the diversity of the Polygon network, while generating staking rewards on behalf of clients.
A Polygon validator is the key actor in maintaining the Polygon network. Validators run a full node and secure the network by staking MATIC to produce blocks, validate and participate in Proof-of-Stake (PoS) consensus.
One of the key responsibilities of a validator is to validate transactions within the blockchain.
On the Polygon Network, any participant can be qualified to become a Polygon validator by running a full node to receive rewards and collect transaction fees. On the other hand, a Polygon delegator stakes the MATIC tokens to secure the Polygon Network with existing validators without running the nodes themselves.
In simple terms, delegators are token holders who do not run validator nodes themselves, but instead use blockchain infrastructure companies like Blockdaemon to deploy, run, and maintin nodes on their behalf.
You can start staking Polygon with Blockdaemon today, simply visit our website for more information and contact our dedicated team to get started.
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