2 new Staking assets & update reward rate
On July 4th, we will add two new assets to our Staking service and adjust the reward rate for one asset. This update aligns our Staking rewards with the protocol incentives and the current market.
Our assets available for Staking
Below you will find our complete list of assets that are available for Staking with their corresponding rates. We’ve added Axie Infinity (AXS) and Sui (SUI) to our Staking service and adjusted the rates for Cardano (ADA). These rates will be effective on July 4th, 2023.
- Cardano (ADA) ~ 2.75%
- ARK (ARK) ~ 1.07%
- Axie Infinity (AXS) ~ 15.00%
- Cosmos (ATOM) ~ 8.00%
- Bitcoin Cash (BCH) ~ 1.02%
- Bitcoin (BTC) ~ 0.77%
- Ethereum (ETH) ~ 1.01%
- The Graph (GRT) ~ 3.00%
- ICON (ICX) ~ 3.00%
- Komodo (KMD) ~ 2.00%
- Kusama (KSM) ~ 7.00%
- LTO Network (LTO) ~ 5.00%
- Luna Classic (LUNA) ~ 2.00%
- Luna (LUNA2) ~ 2.00%
- NEAR Protocol (NEAR) ~ 5.00%
- NEO (NEO) ~ 0.52%
- Ontology (ONT) ~ 0.51%
- Solana (SOL): ~ 4.00%
- Sui (SUI) ~ 2.00%
- Tezos (XTZ) ~ 2.50%
- Tron (TRX) ~ 1.03%
- USD Coin (USDC) ~ 1.75%
- VeChain (VET) ~ 0.49%
- Waves (WAVES) ~ 5.50%
Flexible Staking
We offer flexible Staking to all our users, meaning we don't work with a lock-up period. Your staked assets are always available for trading or to withdraw to your own wallet
About Staking
On-Chain Staking
Staking allows you to grow your funds without having to sell your digital assets. When you stake your digital assets, you allow those to participate in maintaining the security of a blockchain network, earning rewards in return.
Off-Chain Staking (lending)
By opting in for Staking, you agree to lend all of your current and future supported Off-Chain Staking digital assets, such as BTC and USDC, to Bitvavo Custody BV, a Bitvavo Group company. You also agree that Bitvavo Custody lends all those supported digital assets to third-party lending partners. These lending partners perform various activities to earn rewards with the funds borrowed and share these earnings with Bitvavo Custody. Bitvavo Custody in turn distributes parts of these earnings back to you, as a pay-off for lending your digital assets.
Even though Bitvavo Custody carefully selects its lending partners, it may happen that a lending partner defaults and becomes unable to return the digital assets lent to them. This may lead to a full or partial loss.
For questions regarding our Staking rewards, feel free to contact us. You can send us an email at [email protected].