Polygon Liquid Staking
What and why is Polygon Liquid Staking?
Ankr Staking offers Polygon token holders the opportunity to stake POL and in return claim Polygon Liquid Staking tokens — ankrPOL. ankrPOL a reward-bearing token, meaning that the fair value of 1 ankrPOL token vs. POL increases over time as staking rewards accumulate inside the token.
ankrPOL also offers instant liquidity for your staked POL, enabling you to connect ankrPOL with DeFi platforms and earn several more layers of rewards.
We have made a separate testnet version of Polygon Liquid Staking on Polygon Testnet (opens in a new tab)!
Anybody interested to test Liquid Staking without spending mainnet POL, come and try it!
You can stake your POL both on the Ethereum and native Polygon networks.
Audit details
Polygon Liquid Staking smart contracts have undergone an external audit by Beosin Blockchain Security:
Smart contracts
For information on POL Liquid Staking smart contracts, visit POL development details.
Supported wallets
Polygon Liquid Staking supports several options, including hot and cold wallets. View a complete list at Compatible wallets.
Benefits
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Generate Multiple Layers of Rewards: Use ankrPOL on DeFi platforms like OnX. These platforms enable you to multiply your earning potential in APY on top of your staking rewards!
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Low Impermanent Loss: Contributing ankrPOL for liquidity with tokens like POL means low risk of impermanent loss, expanding the upside of providing liquidity for a more stable and profitable experience.
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Compound Your Staking Rewards: Your staking rewards will compound daily as the value of ankrPOL in your wallet increases vs. POL.
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Ethereum market opportunities: Since ankrPOL is an ERC-20 token staked via Ethereum, you will be able to access a variety of DEXs to instantly buy or sell ankrPOL.
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Support & Secure Polygon: Staking POL directly supports the Polygon network and helps validate transactions. Ankr’s staking system distributes staked tokens intelligently across the Polygon ecosystem to achieve optimal decentralization.
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Elastic Supply: Users will be able to trade in their ankrPOL tokens for their staked POL at any time.
Do more with your stake
For more information, read how to stake and bridge (opens in a new tab).