# Polygon

Polygon is a Layer 2 scaling solution for Ethereum that aims to improve scalability and usability without sacrificing decentralization. To achieve this, Polygon employs the Plasma framework and the More Viable Plasma (MoreVP) consensus algorithm to ensure the security and integrity of its network. Polygon is interoperable with Ethereum, allowing users to move their assets between the two networks seamlessly and aims to provide a more user-friendly and efficient blockchain platform for developers and users.

You can find the link to the block explorer below:

{% embed url="<https://polygonscan.com>" %}

* [Staking Guide](#staking-guide)
* [Validator Address](#validator-address)
* [Performance](#performance)
* [Staking Mechanics](#staking-mechanics)

### Staking Guide

{% embed url="<https://www.luganodes.com/blog/MATICSG/>" %}

### Validator Address

{% tabs %}
{% tab title="Mainnet" %}

<table><thead><tr><th width="195">Type</th><th>Address</th></tr></thead><tbody><tr><td>Owner Address</td><td>0xd961ef39c0d4f2b5369dd708876b4d7b423643e5</td></tr><tr><td>Signer Address</td><td>0x9ead03f7136fc6b4bdb0780b00a1c14ae5a8b6d0</td></tr></tbody></table>
{% endtab %}
{% endtabs %}

### Performance

Luganodes validator performance can be tracked [here](https://staking.polygon.technology/validators/18).

### Staking Mechanics

<table><thead><tr><th width="220">Metrics</th><th></th><th data-hidden>Details</th><th data-hidden></th></tr></thead><tbody><tr><td>Reward Frequency</td><td>Rewards are earned every ~34 minutes (1 checkpoint)</td><td></td><td></td></tr><tr><td>Auto-compounding</td><td>No ( Manual Compounding available)</td><td></td><td></td></tr><tr><td>Slashing</td><td>No, but Validators can be jailed for inactivity which removes validator from active set causing validator to stop earning rewards</td><td></td><td></td></tr><tr><td>Stake Lockup</td><td>None. But rewards will be generated from the next checkpoint from the time of stake</td><td></td><td></td></tr><tr><td>Unbonding Period</td><td>During unbonding, the staked amount is locked up for 3-4 days (80-82 checkpoints)</td><td></td><td></td></tr></tbody></table>