On-chain staking utilizes blockchain Proof-of-Stake protocol to generate rewards through a process typically called “staking”. We use the term “On-chain” to differentiate this traditional form of staking from a separate, “Off-chain” staking service we provide in limited geographies (Off-chain staking does not utilize Proof-of-Stake protocol).

Benefits of On-chain staking on Kraken versus staking on other platforms:

✓ Start earning rewards instantly — no waiting or bonding periods (other than ETH2)
✓ Payouts twice a week*
✓ One of the highest returns in the industry
✓ Stake your assets in just three clicks from your Kraken balances
✓ Instant un-staking**

*ADA, ETH, FLOW and SOL will payout weekly.
**Only FLOW.S can be un-staked, ETH is not currently available to unstake.

Create a Kraken account

Currently we offer On-chain staking for Cardano (ADA), Cosmos (ATOM), Ethereum (ETH), Flow (FLOW), Kava (KAVA), Kusama (KSM), Polkadot (DOT), Solana (SOL) and Tezos (XTZ). When you are logged in to your Kraken account navigate to the Earn section at the top of the page.

We have plans to introduce On-chain staking for other assets in the near future — such as Dash (DASH). Follow our blog for announcements.

While your assets are staked via our On-chain staking service, they are not available for trading and cannot be pushed to your external (non-Kraken) account. You will generally be able to instantly un-stake assets at any time for any amount.

Staking Ethereum (ETH) and Tezos (XTZ) also impacts your equity for margin trading, because they are a collateral currency and will be removed from your trading and equity balances while staked. Your equity balances affect your free margin and margin level for margin trading.

All rewards that have been earned via staking are counted and will appear in the total rewards column on the Earn page, please note however that this is not an amount of accrued rewards - as these have either been added to your Staked amount or in the case of ETH, deposited into your Spot Wallet already although not visible in your balances since ETH rewards cannot be traded or withdrawn. This is informational only.

*Rates are estimates and are subject to change in compliance with Kraken’s terms of service.

Assets subject to a bonding period do not accrue rewards until that period had ended. 

**ETH rewards are not added to your staking balance.

Unlike other staking services, at Kraken there is no minimum On-chain staking time needed to earn rewards. You start earning pro-rated rewards for On-chain staking as soon as your instructions to stake are processed by Kraken (which may be within minutes of you staking your funds).

For example, if you utilized On-chain staking for a few hours and then un-staked your funds, you would still be credited pro-rated rewards on the next payout day. In contrast, on other services you would not receive anything. Unlike other staking services we also have no bonding and unbonding period for On-chain staking (other than ETH2).

There are currently no fees for staking or unstaking.

For Ethereum staking, due to the specific network rollout and complexity, Kraken retains an administrative fee from earned staking rewards and provides clients variable reward rate.