Polygon Liquid Staking
What and why is Polygon Liquid Staking?
Ankr Staking offers Polygon token holders the opportunity to stake MATIC and in return claim Polygon Liquid Staking tokens — ankrMATIC (ex-aMATICc).
ankrMATIC a reward-bearing token, meaning that the fair value of 1 ankrMATIC token vs. MATIC increases over time as staking rewards accumulate inside the token.
ankrMATIC also offers instant liquidity for your staked MATIC, enabling you to connect ankrMATIC with DeFi platforms and earn several more layers of rewards.
We have made a separate testnet version of Polygon Liquid Staking on Polygon Testnet (opens in a new tab)!
Anybody interested to test Liquid Staking without spending mainnet MATIC, come and try it!
There are no more new stakes getting aMATICb token. However, old stakes with aMATICb keep generating you rewards. You can also switch aMATICb for ankrMATIC now (opens in a new tab) (supply is limited).
You can stake your MATIC both on the Ethereum and native Polygon networks.
Audit details
Polygon Liquid Staking smart contracts have undergone an external audit by Beosin Blockchain Security:
Smart contracts
For information onMATIC Liquid Staking smart contracts, visit MATIC development details.
Supported wallets
Polygon Liquid Staking supports several options, including hot and cold wallets. View a complete list at Compatible wallets.
Benefits
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Generate Multiple Layers of Rewards: Use ankrMATIC on DeFi platforms like OnX. These platforms enable you to multiply your earning potential in APY on top of your staking rewards!
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Low Impermanent Loss: Contributing ankrMATIC for liquidity with tokens like MATIC means low risk of impermanent loss, expanding the upside of providing liquidity for a more stable and profitable experience.
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Compound Your Staking Rewards: Your staking rewards will compound daily as the value of ankrMATIC in your wallet increases vs. MATIC.
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Ethereum market opportunities: Since ankrMATIC is an ERC-20 token staked via Ethereum, you will be able to access a variety of DEXs to instantly buy or sell ankrMATIC.
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Support & Secure Polygon: Staking MATIC directly supports the Polygon network and helps validate transactions. Ankr’s staking system distributes staked tokens intelligently across the Polygon ecosystem to achieve optimal decentralization.
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Elastic Supply: Users will be able to trade in their ankrMATIC tokens for their staked MATIC at any time.
Do more with your stake
For more information, read how to stake and bridge (opens in a new tab).