Counter Stake is Here! — Getting Ready to Run Validator Nodes on the Matic Testnet

We have been working hard on enabling the Proof-of-Stake layer on Matic Network, and today we are launching our public incentivized staking testnet event Counter Stake.

Yippee! ?

We had previously released the details of our Staking economics and updates here — and here —

You can register for Counter stake here —

Stage 0 will officially start now. You can start with setting up the Validator nodes on the testnet here —

This guide lists the step-by-step process to install dependencies and set up your node. You should be able to sync your node with the current environment that has been set up. Staking for the public will be accessible only during the Stage 1 of the testnet event and only then you can become an active validator. Meanwhile, it’ll be great if you keep your node ready and observe the network and the way it functions. The guide also lists the steps to deploy your own single validator Matic testnet.

If you face any trouble during installation or syncing, do share your queries in this forum here —, also for others to review as well. We’ll try to resolve things as soon as we can.

Plan of Action

The following is how we plan to conduct Counter Stake:

Stage 0 — Setup

We want all validators to run the Validator and Block Producer nodes, keep them synced with the given testnet, understand the network, try deploying your own testnet and experiment with the code.

Date: Start now!

You can already try setting up your node. We will inform you when we update our public testnet and you can then download the new genesis file. Get the current one from here:

Stage 1 — Stake on the Beach

We’ll release the staking contract details for everyone here. The aim is that we gradually release incremental features of the Validator nodes. We begin with staking — accepting participants to be in the active validator set. This will be followed by unlocking rewards, penalties and replacement strategies progressively. All rules, conditions and evaluation details will be provided before the stage commences.

We will let you know to post the evaluation and testing of the internal testnet network which we will be running in parallel with Stage 0 — in terms of what problems occur, if any, and accounting for bug resolution time and refactoring. We thank you for your patience so far and want you to know that the only reason we do not want to hurry is to minimize issues while running the event.

Stage 2 — The Grand Staking League

Hopefully, by this time, we would have made our network stronger, resolved all queries faced so far and will be ready to begin with the final contest. All validators start at the same level in terms of testnet tokens allotted for staking. The one with the most stake in the end wins!

The date is to be decided.


More than 3 million mainnet MATIC tokens will be shared with the winners and participants of Stages 1 and 2. Criteria and other details for the Counter Stake prizes will be shared along with the rules and conditions before we commence each stage. Special bug bounties as per individual contribution will be given as well — so do show off your hacking skills!

You are most welcome to help us build components for the ecosystem. Separate bounties via the Developer Support Program will also be made available for such third-party components.

Next Steps

In a few days, we’ll be conducting AMAs and live node setup sessions for our validator community. Stay tuned for updates in our Discord Channel — — to get all the latest announcements related to Counter Stake.

Connect with us

More from the Polygon Blog
The Business Case for Blockchains Going Green

Nothing says “you have arrived” like people caring about your carbon footprint. Polygon has recently marked that milestone with a commitment to becoming carbon negative by the end of the year. Below is the case for why other projects should follow our lead and how to go about doing it. Ethereum’s smart contract blockchain has […]

Read More
Announcing Polygon Pod, a Podcast From the Epicenter of Web3

What’s the future of DeFi? How can blockchain projects shake the reputation for being bad for the environment? What in the world are zero knowledge proofs? How can Web3 attract and accommodate the next billion users? When Flippening? You want to know the answers and so do we. That’s why Polygon is launching Polygon Pod […]

Read More
Introducing Polygon Nightfall Mainnet: Decentralized Private Transactions for Enterprise

We’re in the early innings when it comes to enterprise needs for blockchains. Whether it’s supply chain management or marketplaces, the potential for secure business transactions on a public ledger has enormous implications. That’s why we’re pleased to announce Polygon Nightfall, a blockchain solution that leverages cutting edge Optimistic-Zero Knowledge technology to give businesses an […]

Read More
Introducing Polygon ID, Zero-Knowledge Identity for Web3

At Polygon, we believe that putting people firmly in control of their digital identities is at the core of Web3’s promise to empower users over networks. We have been working behind the scenes to fulfill this promise and today are proud to introduce Polygon ID, the self-sovereign, decentralized and private identity for the next iteration […]

Read More
Polygon Is Going Carbon Negative in 2022 With a $20 Million Pledge

Today marks the start of a new, sustainable era for the Polygon ecosystem -- the core team has committed to eliminating all of the network’s carbon debt going back to inception and making the chain climate positive into the future. Polygon’s Green Manifesto announced today is part of a broader vision for sustainable development that […]

Read More
Getting Started With MetaMask on Polygon

MetaMask is the most popular cryptocurrency wallet app and browser extension used to access the Web3 universe. In just a few simple steps, you can unlock this powerful tool and begin exploring the Polygon ecosystem.  There are more than 19,000 decentralized applications (dApps) running on Polygon. That list includes DeFi protocols like Aave and Uniswap […]

Read More