Your First Stake

This tutorial will guide you through your first staking experience on Polynomial. You'll learn how to deposit into liquidity pools, earn rewards, and participate in the points program.

Prerequisites

Step 1: Access the Staking Interface

  1. Connect your wallet

  2. Navigate to the staking section

  3. You'll see available liquidity pools

Step 2: Choose Your Asset

Polynomial supports multiple assets for staking:

USDC

  • Most liquid and stable

  • Good for beginners

  • Earns points and trading fee rewards

sDAI (Savings DAI)

  • Higher yield potential

  • More complex but potentially more rewarding

  • Earns points and trading fee rewards

sUSDe (Savings USDe)

  • Highest yield potential

  • Most complex asset

  • Earns points and trading fee rewards

USD0++ (USD0 Plus)

  • Earns USUAL rewards in addition to points and trading fee rewards

  • Special asset that qualifies for USUAL reward distribution

  • Weekly USUAL reward claims distributed proportionally

  • Time-weighted and size-weighted reward calculation

Step 3: Understand the Staking Process

Minimum Deposit

  • Minimum deposit: $100

  • No maximum limit

  • You can add more funds anytime

What You Get

  • Points: Accumulate points for future token rewards

  • Trading Fee Rewards: 50% of trading fees generated

  • Retroactive Points: Bonus points for early participation

  • Onboarding Points: Welcome bonus for new users

Step 4: Make Your Deposit

From Ethereum Mainnet

  1. Select "USDC" from Ethereum

  2. Enter the amount you want to deposit

  3. Review the bridge fee and estimated time

  4. Click "Deposit"

  5. Confirm the transaction in your wallet

From Other Chains (Arbitrum, Optimism, Base)

  1. Select your preferred chain

  2. Choose your asset (USDC, sDAI, sUSDe)

  3. Enter the deposit amount

  4. Review bridge details

  5. Confirm the transaction

Step 5: Wait for Bridge Completion

Bridge Process

  • Time: 10-15 seconds typically

  • Status: Track progress in your wallet

  • Confirmation: You'll receive a notification when complete

What Happens During Bridge

  • Your assets are locked on the source chain

  • Equivalent assets are minted on Polynomial Chain

  • Your polynomial wallet is automatically created

  • You start earning points immediately

Step 6: Verify Your Stake

After the bridge completes:

  1. Check Your Balance: Verify your staked amount

  2. View Points: See your accumulated points

  3. Monitor Rewards: Track your earning rate

  4. Review Activity: Check your transaction history

Step 7: Understand Your Rewards

Points System

  • Staking Points: Earned based on amount and duration staked

  • Retroactive Points: Bonus for early participation

  • Onboarding Points: Welcome bonus for new users

  • Mission Points: Complete tasks for additional rewards

Trading Fee Rewards

  • Share: 50% of all trading fees generated

  • Distribution: Proportional to your stake

  • Frequency: Distributed regularly

Managing Your Stake

Adding More Funds

  1. Go to the staking interface

  2. Click "Deposit More"

  3. Choose your asset and amount

  4. Complete the bridge process

Withdrawing Funds

  1. Navigate to the withdrawal section

  2. Enter the amount to withdraw

  3. Choose destination chain

  4. Confirm the transaction

  5. Wait for bridge completion

Claiming Rewards

  • Rewards are automatically compounded

  • No manual claiming required

  • Check your balance regularly

Understanding the Points Program

How Points Work

  • Accumulation: Points increase over time

  • Multipliers: Various activities boost point earning

  • Conversion: Points may convert to tokens in the future

  • Leaderboard: Compete with other stakers

Point Multipliers

  • Staking Duration: Longer stakes earn more points

  • Referral Program: Invite others for bonus points

  • Missions: Complete tasks for point boosts

  • Trading Activity: Active traders earn additional points

Best Practices

Risk Management

  • Diversification: Don't put all funds in one asset

  • Start Small: Begin with amounts you can afford to lose

  • Understand Risks: Research each asset before staking

  • Monitor Regularly: Check your position frequently

Maximizing Rewards

  • Long-term Staking: Longer stakes earn more points

  • Referral Program: Invite friends for bonus rewards

  • Complete Missions: Participate in point-boosting activities

  • Stay Active: Regular engagement increases rewards

Common Questions

When Will I See Rewards?

  • Points accumulate immediately

  • Trading fee rewards distributed regularly

  • Check your dashboard for updates

Can I Withdraw Anytime?

  • Yes, bridge completion is typically 10-15 seconds

  • Consider the impact on point accumulation

  • Plan withdrawals during low-activity periods

What Are the Risks?

  • Smart contract risk

  • Bridge risk

  • Impermanent loss (minimal for single-asset pools)

  • Market volatility

Next Steps

After your first stake:

  1. Learn About Points - Maximize your point earnings

  2. Understanding Rewards - Deep dive into the system

  3. Missions System - Complete tasks for extra points

Need Help?


Congratulations! You've successfully staked on Polynomial and started earning rewards. Remember to monitor your position and explore additional features to maximize your earnings.

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