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How to Stake MATIC (migrated to POL) (MATIC) on MyNearWallet

MyNearWallet may not directly support MATIC staking, but you can still use MyNearWallet to buy MATIC and transfer it for staking.

Current APY

5.0%

Price

$0.0000

Platform Fee

No

Platform Type

wallet

Start Staking MATIC on MyNearWallet

MyNearWallet gives you full control of your assets.

Stake MATIC on MyNearWallet →

Step-by-Step: Stake MATIC on MyNearWallet

1

Install MyNearWallet

Download and install MyNearWallet from its official site. Set up a new wallet or import an existing seed phrase, and back up your recovery phrase securely.

2

Fund the wallet with MATIC

Buy MATIC on an exchange (Coinbase, Kraken, Binance) and withdraw to your MyNearWallet address. Double-check the network before sending.

3

Open the staking section

In MyNearWallet, navigate to the staking or earn tab for MATIC (migrated to POL). Pick a validator — look for low commission, long uptime, and avoid the top validator to support decentralization.

4

Delegate and confirm

Enter the amount of MATIC to stake and confirm the transaction. Rewards typically begin accruing in 1–2 epochs and compound automatically or are claimable from the same screen.

MyNearWallet for MATIC Staking: Pros & Cons

Pros

  • + Browser-based — no install required
  • + Direct delegation to any NEAR validator
  • + Compatible with Ledger hardware wallets
  • + Open-source codebase

Cons

  • - NEAR-only; no multi-chain support
  • - Web wallets carry phishing risk — bookmark the real URL
  • - Original NEAR Wallet was deprecated in 2023; some legacy guides are outdated

Other Platforms for MATIC Staking

💧Lido Finance

Liquid Staking · 10% of staking rewards (split: 5% node operators, 5% DAO treasury)

🌐Stader Labs

Liquid Staking · 10% of staking rewards

⚓Ankr

Liquid Staking · 2% of staking rewards

FAQ: MATIC Staking on MyNearWallet

What APY can I earn staking MATIC on MyNearWallet?
The current estimated APY for MATIC staking is around 5.0%. Actual rates vary based on network conditions, validator performance, and MyNearWallet's fee structure (No platform fee — validator commission (typically 1–10%)).
Is staking MATIC on MyNearWallet safe?
MyNearWallet is a non-custodial protocol with a medium risk profile for MATIC staking. As a non-custodial platform, you retain control of your private keys. Always assess your risk tolerance before staking.
How long does it take to unstake MATIC from MyNearWallet?
Unstaking times depend on the network: ~2–3 days unstaking (4 epochs). During the unstaking period, your MATIC won't earn rewards.
What fees does MyNearWallet charge for MATIC staking?
MyNearWallet charges No platform fee — validator commission (typically 1–10%). These fees are typically deducted from your staking rewards automatically.
Can I stake MATIC on other platforms?
Yes! You can compare all available platforms for MATIC staking on our How to Stake MATIC (migrated to POL) guide. Different platforms offer different APY rates, fees, and custody models.
How to Stake MATIC (migrated to POL) (MATIC) on MyNearWallet — 2026 Guide | Stacky