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

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)

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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Last updated 1 year ago