Quick Guide for Staking Matic on Exodus Wallet (Self Custody)
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So recently Staking MATIC has gone live within the Exodus Wallet.
Currently awarding approx 6.7% APY.
Note: MATIC staking must be done on the Ethereum Network - you will also need ETH for gas in your Exodus wallet. The network fee at the time of writing to stake and unstake is 0.0047144ETH - so ensure you have sufficent GAS to stake, unstake and then transfer MATIC back if you need to in future.
- Send your MATIC via the Ethereum Network (ERC20) to your MATIC receive address in Exodus
- Select the Ethereum Network in the MATIC wallet, and your balance should appear, as well as a highlight of the Staking APY available.
- Click on the Staking APY and navigate to how much you wish to stake.
- Confirm your stake, and your good to go!
Unstaking has a 3-4 day period.
Exodus delegates to the Everstake validator.
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