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How to Stake Axelar (AXL) on MyNearWallet

MyNearWallet may not directly support AXL staking, but you can still use MyNearWallet to buy AXL and transfer it for staking.

Current APY

10.0%

Price

$0.0459

Platform Fee

No

Platform Type

wallet

Start Staking AXL on MyNearWallet

MyNearWallet gives you full control of your assets.

Stake AXL on MyNearWallet →

Step-by-Step: Stake AXL on MyNearWallet

1

Install MyNearWallet

Download and install MyNearWallet from its official site. Set up a new wallet or import an existing seed phrase, and back up your recovery phrase securely.

2

Fund the wallet with AXL

Buy AXL on an exchange (Coinbase, Kraken, Binance) and withdraw to your MyNearWallet address. Double-check the network before sending.

3

Open the staking section

In MyNearWallet, navigate to the staking or earn tab for Axelar. Pick a validator — look for low commission, long uptime, and avoid the top validator to support decentralization.

4

Delegate and confirm

Enter the amount of AXL to stake and confirm the transaction. Rewards typically begin accruing in 1–2 epochs and compound automatically or are claimable from the same screen.

MyNearWallet for AXL Staking: Pros & Cons

Pros

  • + Browser-based — no install required
  • + Direct delegation to any NEAR validator
  • + Compatible with Ledger hardware wallets
  • + Open-source codebase

Cons

  • - NEAR-only; no multi-chain support
  • - Web wallets carry phishing risk — bookmark the real URL
  • - Original NEAR Wallet was deprecated in 2023; some legacy guides are outdated

Other Platforms for AXL Staking

🌲Everstake

validator · 5–10% commission

🌌Keplr Wallet

wallet · No platform fee — validator commission only (typically 5–10%)

🪂Leap Wallet

wallet · No platform fee — validator commission only

FAQ: AXL Staking on MyNearWallet

What APY can I earn staking AXL on MyNearWallet?
The current estimated APY for AXL staking is around 10.0%. Actual rates vary based on network conditions, validator performance, and MyNearWallet's fee structure (No platform fee — validator commission (typically 1–10%)).
Is staking AXL on MyNearWallet safe?
MyNearWallet is a non-custodial protocol with a low risk profile for AXL staking. As a non-custodial platform, you retain control of your private keys. Always assess your risk tolerance before staking.
How long does it take to unstake AXL from MyNearWallet?
Unstaking times depend on the network: ~2–3 days unstaking (4 epochs). During the unstaking period, your AXL won't earn rewards.
What fees does MyNearWallet charge for AXL staking?
MyNearWallet charges No platform fee — validator commission (typically 1–10%). These fees are typically deducted from your staking rewards automatically.
Can I stake AXL on other platforms?
Yes! You can compare all available platforms for AXL staking on our How to Stake Axelar guide. Different platforms offer different APY rates, fees, and custody models.
How to Stake Axelar (AXL) on MyNearWallet — 2026 Guide | Stacky