Benefits of On-chain staking on Kraken versus staking on other platforms:
✓ Start earning rewards instantly — no waiting or bonding periods
✓ One of the highest returns in the industry
✓ Stake your assets in just three clicks from your Kraken balances
✓ Instant un-staking when using Flexible terms
Rewards will only be added if the reward is greater than the smallest decimal precision.
Currency | Flexible Staking rewards per year (RPY) | Bonded Staking rewards per year (RPY) | Reward schedule (Flexible Staking) | Reward schedule (Bonded Staking) |
---|---|---|---|---|
1%-4% |
N/A |
Thursday |
N/A |
|
3%-6% |
N/A |
Thursday |
N/A |
|
7%-11% | 18%-22% |
Thursday |
Tuesday |
|
N/A |
N/A | Sunday Starting* at 01:45 UTC |
||
1%-5% |
N/A |
Thursday Starting* at 05:45 UTC |
N/A | |
3%-5% | 8%-11% |
Thursday |
Tuesday |
|
5%-7% |
12%-15% |
Thursday Starting* at 02:30 UTC |
Tuesday Starting* at 02:30 UTC |
|
5%-9% | 13%-18% |
Thursday |
Tuesday |
|
7%-16% | N/A |
Thursday |
N/A |
|
1%-2% | 2%-5% |
Thursday |
Tuesday |
|
8%-12% |
15%-21% |
Thursday |
Tuesday |
|
8%-10% |
20%-24% |
Thursday |
Tuesday |
|
2%-3% |
5%-7% |
Thursday |
Tuesday |
|
4%-7% |
N/A |
Thursday |
N/A |
|
2%-4% |
7%-10% |
Thursday |
Tuesday |
|
2%-5% |
N/A |
Thursday |
N/A |
*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 during the period after you elect to unstake and before the unbonding period ends.
***As of the Shapella upgrade rewards will be issued to your account as unstaked ETH, fully unlocked and able to stake, trade or withdraw in your account. Kraken will continue to distribute weekly rewards on a variable rate that reflects what we’ve earned On-chain minus our fee. Rewards will vary according to the rules of the Ethereum protocol. ETH staking rewards are not auto-compounded and will be added to your spot balance.
****You will receive additional variable rewards for each 3-month governance period which will be added to your staked balance. The rewards rate will vary per period. This will be determined by the number of committed Algos, and computed as the ratio of the total Algos being committed against the total reward pool for that period. For more information pertaining to Algos governance model and reward distribution.
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 staking, due to the specific network rollout and complexity, Kraken retains an administrative fee from earned staking rewards and provides clients variable reward rate.
In addition to the standard Flexible staking option, Kraken offers Bonded terms when staking certain assets, such as DOT and ATOM. Staking rewards will be paid out to your staking balance each payout interval. If you choose Bonded term staking, your assets will be subject to a wait time after you unstake them. The wait time (known as the unbonding period) can last 3- 28 days, depending on the asset.
ETH staking rewards are not auto-compounded and will be added to your spot balance.
Currency | Bonded Staking lockup period | Bonded Staking Rewards per year (RPY) |
---|---|---|
21 days |
18%-22% | |
Variable |
4%-7% | |
14 days |
8%-11% | |
21 days |
12%-15% |
|
Kusama (KSM) |
7 days |
13%-18% |
Polygon (MATIC) |
3 days |
2%-5% |
28 days |
15%-21% |
|
21 days |
20%-24% |
|
3 days |
5%-7% |
|
28 days |
7%-10% |
*Rates above 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 during the period after you elect to unstake and before the unbonding period ends.
**Bonded staking is not available to residents of Canada or the United States.
Staking also impacts your equity for margin trading, when the asset staked is 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.
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?
- Ethereum Merge, Staking and Trading FAQ
For all other enquiries you may submit a support ticket or chat directly to one of our support specialist by clicking the Help button in the lower right corner of your screen.
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.