How to Stake MATIC (migrated to POL) (MATIC) on Figment
Figment may not directly support MATIC staking, but you can still use Figment to buy MATIC and transfer it for staking.
Current APY
5.0%
Price
$0.0000
Platform Fee
Varies
Platform Type
validator
Start Staking MATIC on Figment
Figment gives you full control of your assets. Your assets are insured.
Stake MATIC on Figment โStep-by-Step: Stake MATIC on Figment
Set up a wallet
Install a wallet compatible with MATIC (migrated to POL)'s blockchain. Popular options include MetaMask, Keplr, Phantom, or the official wallet.
Transfer MATIC to your wallet
Buy MATIC on an exchange and withdraw it to your wallet address.
Connect to Figment
Visit Figment's platform and connect your wallet. Make sure you're on the correct network.
Select a staking option
Choose the staking pool, validator, or vault that suits your risk tolerance and desired APY.
Stake and monitor
Confirm the transaction in your wallet. Monitor your staking position and rewards from Figment's dashboard.
Figment for MATIC Staking: Pros & Cons
Pros
- + 40+ networks with institutional SLAs
- + Slash insurance from Lloyd's of London
- + Compliance tooling (tax reports, AML)
- + Non-custodial โ clients control keys
Cons
- - Primarily for institutions โ minimums are high
- - Not suitable for retail users
- - No liquid staking tokens