Polygon (MATIC)
Validators
| Name | Validator ID | Validator Share Proxy Address |
|---|---|---|
Kiln X Ownest |
Staking mechanics
Stake activation time | Instant |
Stake lock-up time | 3~4 days (80 checkpoints) |
Re-delegating activation time | Instant |
Rewards frequency | First rewards: next checkpoint once stake is active (0-30minutes/3hours). Rewards frequency: every checkpoint submitted (30 minutes - 3 hours). Last rewards: last rewards earned before unstaking. |
Auto-compounding | No |
Self-bond | None |
Active set | Yes (100 validators, list here) |
Slashing | Yes, delegators' bonded tokens can be slashed. |
Relationship between validator stake balance and rewards | Linear. The more stake balance there is on the validator, the more rewards it will earn. |
Staking workflow
What is the staking process? | When staking through Kiln Dashboard, you'll first approve the Polygon StakingManager Contract to spend X MATIC, then delegate to send MATIC to the official Polygon Staking Contract. |
Do funds move out to another wallet? | Yes, they are sent to the official Polygon Staking Contract. |
Can I keep staking/unstaking from/to the same wallet? | Yes, you can increase the staked amount or unstake part of it at anytime. |
Can I select how much of my wallet balance I want to stake? | Yes, you select the amount of tokens you want to stake to earn rewards. |
Can I unstake part of the staked balance? | Yes, you can select the amount of tokens you want to unstake. |
How is my balance computed at checkpoint N for the rewards distribution? | The balance computed at checkpoint N for the rewards distribution is the balance at the submission of the checkpoint N. |
Staking links
How can I get testnet tokens? | You can request some here. |
Performance
Kiln's validator's performance is visible on the official Polygon staking website. The methodology used for ther Performance Index is described here.
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