0x3B790d651e950497c7723D47B24E6f61534f7969
How sPOL works
Liquid staking pools the POL of many stakers and delegates it to validators on Polygon PoS. The pool receives validator rewards on behalf of all participants. Rather than locking your tokens and managing delegation yourself, you stake through the pool and receive sPOL tokens that represent your proportional claim on the pooled POL plus rewards. The exchange rate between sPOL and POL increases over time as staking rewards accrue. When you unstake, you return sPOL and receive POL at the current exchange rate, which reflects the rewards earned since you staked.Staking and unstaking
To stake:- Go to staking.polygon.technology/lst.
- Connect your wallet.
- Enter the amount of POL you want to stake.
- Approve the transaction and confirm the staking transaction.
Using sPOL in DeFi
Because sPOL is a standard ERC-20 token, it can be used in any protocol that supports ERC-20 tokens, such as lending markets, liquidity pools, and collateral vaults. Rewards continue to accrue in the exchange rate regardless of where sPOL is held.Contract security
Always verify the contract address before interacting with any token claiming to be sPOL. The official contract address on Ethereum mainnet is0x3B790d651e950497c7723D47B24E6f61534f7969. Do not interact with contracts at any other address.