Phase 1 of Matic Staking Completed

Phase 1 of Matic staking is now complete! Onwards to an increasingly decentralized network.

During Phase 1, 11 validators were added to the network, including InfosysConsltng, Chain_Guardians, Biconomy & TorusLabs .

25 additional public validators during the start of Phase 2.

Current staking results:
Over 25% of the MATIC circulating supply staked (813m MATIC).
Current APR over 38%.

Staking rewards distributed to date: 47.5m MATIC (~$1.1m).

If you aren’t staking your MATIC yet, learn how to do so here: https://blog.matic.network/staking-on-matic-network-mainnet-is-now-live-how-to-delegate-matic/amp/