Polygon $MATIC delegation guide by MyCointainer (cold staking)
Stake MATIC by keeping your tokens in your wallet and earn rewards. No pre-requisites required to become a delegator on MATIC. All you have to do is have an Ethereum account.
This guide covers delegation guides using Metamask extension.
Step 1. Delegate to MyCointainer validator
You need to have funds on your main Ethereum Wallet. ETH for fees and MATIC for delagation of your tokens.
2. Click “Login”
3. Connect MATIC wallet to MetaMask (choosing MetaMask as wallet)
4. Search for “MyCointainer” in validator list and click “Delegate” as shown below.
5. Click “Delegate”, input the number of tokens to stake and click “Continue”.
6. Sign the transactions and your deposit is successful.
In dashbaoad users can view Balance, Total Stake, & Rewards (dashboard is visible under “My Account” button).
Step 2. Claiming Rewards as a Delegator
Click on rewards card to navigate to the rewards page.
You will see a list of validators, check MyCointainer that you have delegated, it has two buttons:
- Withdraw Reward
- Restake Rewards
Clicking on Withdraw Rewards will ask you for a confirmation from your Wallet. Confirming the transaction will get your rewards back to your wallet. Enjoy the staking rewards from MATIC using MyCointainer validator.
Restaking your rewards is an easy way to increase your stake and earn more. Clicking on
Restake Reward will ask you for confirmation from your Wallet (Metamask). Once you confirm the transaction, only then the
restake transaction would be complete.
How to unstake all token
On the left hand menu of the staking dashboard, navigate the Unbond button for each of the validator. Click on that button for whomever the validator that you want to Unbond from.
Why delegate to the MyCointainer node?
MyCointainer is a regulated, experienced validator of more than 100+ assets available on the platform. Advanced architecture and years of experience on the market ensures full security of the funds.
An advantage of cold staking is you are still in control of the coins you own and your rewards will retain in your safekeeping. MyCointainer node cannot access your MATIC funds and will not have any portion of your stake rewards.
Skip Staking Fee Token
To be applied for over 100 assets on MyCointainer Platform
+50% Reward Fees back
Directly to your MyCointainer Wallet
For each delegation.
Each user who has delegated at least 1500 MATIC for 3 months or more has a chance to win 250 EUR every month. To take advantage of additional benefits you must complete the form before the delegation.
For additional help with staking or to learn more about Polygon visit mycointainer.com/assets/maticnetwork
You can find all available MyCointainer validators here.