Earn on Krak FAQ
Earn is a feature on Krak that allows you to earn crypto on eligible assets in your account.
Your assets will generate rewards through Staking which compound over time. Assets enabled in Earn are still available to trade.
Rewards accrue daily and are paid out to your Krak balance on a weekly basis.
Each asset will earn rewards at its own Annual Percentage Rate (APR). The reward rate is different per asset, and rewards will be paid out in kind. For example, if you are earning on DOT, you will receive your reward in DOT. In addition, any new funds deposited to your account would immediately start generating rewards.
You can earn rewards for any eligible asset with a value of more than 1 USD. There is no limit to the amount of rewards that can be earned, however, the total amount of each asset eligible for Rewards is capped.
For example, if the Asset Cap on DOT is 100k DOT, and you have 50k DOT, you will earn rewards on all of your assets. If you have 150k DOT, you will earn on only 100k DOT.
| Currency | Reward Annual Percentage Rate (APR) | Asset Cap |
|---|---|---|
| Bittensor (TAO) | 6%-12% | N/A |
| Cardano (ADA) | 2%-5% | N/A |
| Celestia (TIA) | 3%-6% | 20,000 |
| Cosmos (ATOM) | 7%-11% | 5,500 |
| Dymension (DYM) | 1%-2% | 12,000 |
| Ethereum (ETH) | 1%-3% | 350 |
| Flare (FLR)** | 0.1%-2% | N/A |
| Flow (FLOW) | 1%-7% | 410,000 |
| Injective (INJ) | 4%-7% | 7,000 |
| Kava (KAVA) | 2%-5% | 72,500 |
| Kusama (KSM) | 6%-10% | 2,000 |
| Mina (MINA) | 7%-12% | N/A |
| Polkadot (DOT) | 4%-8% | 10,500 |
| Polygon (POL) | 1%-3% | 95,000 |
| Secret (SCRT) | 7%-11% | 140,000 |
| Sei (SEI) | 1%-3% | 240,000 |
| Solana (SOL) | 2%-5% | 1,500 |
| Tezos (XTZ) | 5%-10% | N/A |
| The Graph (GRT) | 6%-9% | 350,000 |
| Tron (TRX) | 1%-3% | 550,000 |
| Bitcoin (BTC)* | 0.10% | 50 |
| Ripple (XRP) | 1% | 45,000 |
| Global Dollar (USDG)* | 4.50% | 5,000,000 |
| Tether USD (USDT)* | 4.25% | 5,000,000 |
| USD Coin (USDC)* | 4.25% | 5,000,000 |
To use Earn your account needs to be verified and be in a permitted location.
If Earn is not showing as an option on your account, you may not be eligible.
Enabling Earn is simple, visit our guide: How to enable Earn.
There are currently no transaction fees for Auto Earn staking or unstaking. Kraken charges a commission of 20% based on the rewards you receive from the network.
The APRs shown are an estimate of the rewards you could receive on the assets you hold, before our commission, and are based on the average staking rewards accrued over past periods. In cases where we are subject to validator commissions, the APRs shown are after such commissions.
Participating in Earn staking is not a risk-free endeavor. Individuals should be aware of the following risks.
- We stake only a portion of eligible assets on-chain, with the remainder held to ensure adequate liquidity. In the event that insufficient liquidity is available in a particular asset, we may delay the release of assets contributed to Auto Earn under the flexible staking program until after the relevant unbonding period has elapsed, based on the blockchain protocol.
- We do not guarantee that you will earn any reward. Changes to blockchain protocols and network behavior may impact rewards. Future rewards may be less than historical rewards, or even drop to zero.
- Staking services could be vulnerable to hacks, or an event known as “slashing” can be triggered by malicious actions or technical errors, resulting in a loss of staked funds and subsequent rewards.
We will compensate you for any slashing penalty or nonpayment of staking rewards, unless this nonpayment results from your actions, network maintenance, a bug, a hack, or in certain other rare situations. For a full list of circumstances, please refer to our Terms of Service.
You retain ownership of each eligible asset that is staked, and such assets remain your property while staked.