Rewards

What is the "Annual Staking Rewards" displayed on the Stader dApp?

The "Annual Staking Rewards" displayed on the Stader dApp is the annualized rate of rewards available for staking MATIC or POL tokens with Stader, after adjusting for Stader's commission (11%). This rate is subject to variance based on the Polygon blockchain and can fluctuate slightly from checkpoint to checkpoint.

What is the MaticX exchange rate, and how does it change?

The exchange rate reflects the total value of the Stader staking pool for MATIC and POL, relative to the MaticX tokens in circulation. At the time of launch, the MaticX exchange rate is initialized at 1. Over time, as staking rewards are added to the pool, the MaticX-to-MATIC+POL exchange rate gradually increases. You can check the current MaticX exchange rate on the Stader dApp. The exchange rate is calculated as: Exchange Rate = (Total MATIC + POL in the Stader staking pool) / (Total MaticX in circulation)

When are staking rewards accumulated and added to the pool?

Stader smart contracts accumulate the rewards earned natively from staked MATIC and POL and restake them daily for auto-compounding. This process increases the MaticX exchange rate.

How can I calculate earnings on my staked MATIC or POL with Stader?

To calculate your earnings, multiply your MaticX holdings by the exchange rate to find the current worth in POL. Then, subtract the original amount of MATIC or POL you invested. If you initially staked MATIC, you will first need to convert it to POL before performing this calculation.