Polygon
MATIC
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:
Staking Guide
Validator Address
Type | Address |
---|---|
Owner Address | 0xd961ef39c0d4f2b5369dd708876b4d7b423643e5 |
Signer Address | 0x9ead03f7136fc6b4bdb0780b00a1c14ae5a8b6d0 |
Performance
Luganodes validator performance can be tracked here.
Staking Mechanics
Metrics | |
---|---|
Reward Frequency | Rewards are earned every ~30 minutes (1 checkpoint) |
Auto-compounding | Manual |
Slashing | Partial slashing if the validator misbehaves. You get 2%–5% for double signing events |
Stake Lockup | None. But rewards will be generated from the next checkpoint from the time of stake |
Unbonding Period | During unbonding, the staked amount is locked up for 3-4 days (80 checkpoints) |
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