$MATIC Staking
How many $MATIC have been staked since July 1, 2022? What is the staking ratio of $MATIC (amount of $MATIC staked vs circulating $MATIC) during the same time frame? Has it changed or are there any visible trends? What is the daily amount of $MATIC being staked and unstaked?
Method :
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Matic staking is performed in validators on the Ethereum blockchain ,
PoS Staking Contractcontract
→0x5e3ef299fddf15eaa0432e6e66473ace8c13d908
andethereum.core.fact_event_logs
table are used to obtain data. -
Information related to validators is obtained from here
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Since the database "flipside_prod_db.ethereum.erc20_balances" contains data on the balance of wallets up to the date "2022-08-31" (which used to calculate circulation supply ), the analysis is limited to the end of this date.
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Analyzed time period: Since July 1, 2022
Conclusions :
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804.04 million $matic staked since July 1th.
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378 million $matic unstaked since July 1th.
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net volume of staked matic was growth +427M $matic during this period.
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during this period, users were not very interested in restake rewards.
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25.6M $matic distributed as rewards during this period
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except on August 25 and 30th the staking ratio was below 1% of supply.
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since July 1st, 6.2% of supply has been stacked.
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50% of the matics stacked since July 1 have been stacked in 5 validators, top is Luganodes with 248.7M $matic staked with.
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among staking users, the top wallet stake 190 million $matics and the second one stake 160 million $matics.
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Introduction :
Staking Polygon is a useful way to earn a stream of passive income with Polygon, but you need to consider that your involvement in the project depends on the role you choose. In fact, the project includes two ways to stake directly on Polygon – being a validator or being a delegator.
Validators play a pivotal role in PoS projects: they’re the project participants able to validate transactions and create new blocks of the blockchain.
Delegators simply delegate their MATIC to validators: this allows them to contribute and favor decentralization, but without participating so actively in the project.


The opposite chart indicates to:
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daily $MATIC Stake and Unstake Volume
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daily $MATIC ReStake and Reward Withdrawn
Volume
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daily unique staker count.
most days, the amount of stake was much higher than the amount of unstake, on average, 50 unique users staked matic daily.
Stake volume on August 25th and 30th is substantial, which may reflect news of Polygon's $50 million fundraising and increased hopes for the future of the project.[source]
the opposite line chart shows the ratio between matic supply and staking , except on August 25 and 30th , when the ratio was higher than 2% of the total supply, on the rest of the days, the ratio was below 1%.
since July 1st, 6.2% of supply has been stacked.
The amount of $matic restaked (78.6K) was small compared to the rewards distributed (25.6M) during this period. The highest reward distributed during this period was 11.9 million $matic on August 15th.
The chart below shows that 50% of the matics stacked since July 1 have been stacked in 5 validators, the share of validators is as follows :
- Luganodes : 248.7M (23.9%)
- Staked : 107.3M (10%)
- Anonymous 93 : 100M (9.65%)
- Figment : 50.9M (4.9%)
- Republic Crypto Source : 48.2M (4.64%)
Here are the top 20 wallets that have stacked more $matics, the top wallet stake total 190 million $matics and the second one stake 160 million total $matics.