Important update about FLOWH.S staking:
Over the next few months, Flow tokens on the network will be unlocked. In the lead-up to these unlocking events, Kraken is unstaking FLOWH.S that are scheduled to be unlocked. During the unlocking period, you will not earn any staking rewards. This will ensure that you are able to trade, withdraw, or re-stake your FLOW when it is unlocked on the Flow network. See our article about Flow Claiming and Staking for more information.
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, ALGO, ETH, FLOW, LUNA, MINA, SOL, SCRT and TRX will payout weekly.
**Only FLOW.S can be unstaked by Kraken clients whilst FLOWH.S will be unstaked automatically by Kraken as it periodically becomes available for unstaking on the network.
Currency | Rewards per year (RPY)** | Stake/Unstake minimum | Decimal Precision | Reward schedule |
---|---|---|---|---|
1% |
0.000001 ALGO |
6 |
Thursday |
|
4%-6% |
0.000001 ADA |
6 |
Monday |
|
12% |
0.000001 ATOM |
6 |
Sunday & Wednesday |
|
0.0000000001 ETH |
10 |
Sunday Starting* at 01:30 UTC |
||
6%-9% |
0.00000001 FLOW |
10 |
Tuesday |
|
23% |
0.000001 KAVA |
6 |
Sunday & Wednesday Starting* at 02:00 UTC |
|
18% |
0.2 KSM |
8 |
Wednesday & Saturday |
|
Terra |
3%-6% (received in LUNA and UST) | 0.000001 |
6 |
Tuesday |
12%-20% | 0.000001 MINA |
6 |
Friday |
|
12% |
0.00000001 DOT |
8 |
Tuesday & Friday |
|
Secret (SCRT) |
18%-21% |
0.000001 SCRT |
6 |
Friday |
6% |
0.00000001 SOL |
8 |
Saturday |
|
5% |
0.000001 XTZ |
6 |
Monday & Thursday |
|
6%-9% |
0.000001 TRX |
6 |
Tuesday |
*Rates are estimates and are subject to change in compliance with Kraken’s terms of service.
**All reward rates are estimates and are subject to change.
Assets subject to a bonding period do not accrue rewards until that period had ended.
***ETH rewards are not added to your staking balance.
We have plans to introduce On-chain staking for other assets in the near future — such as Dash (DASH). Follow our blog for announcements.
For Ethereum and Luna staking, due to the specific network rollout and complexity, Kraken retains an administrative fee from earned staking rewards and provides clients variable reward rate.
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.
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).
Resources
- Blog announcement of DOT and ATOM staking
- How to Stake
- How to Unstake
- What is Proof-of-Stake?
- What is Asset.S and Asset.M?
- What is Off-chain Staking?
- Ethereum (ETH) staking and the Ethereum 2.0 network upgrade
For all other enquiries you may submit a support ticket here.
The decimal and thousands separators shown in this article may differ from the formats displayed on our trading platforms. Review our article on how we use points and commas for more information.
Article last updated 29 March 2022 15:30 UTC