How to Stake Axelar (AXL) on Nova Wallet
Nova Wallet may not directly support AXL staking, but you can still use Nova Wallet 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 Nova Wallet
Nova Wallet gives you full control of your assets.
Stake AXL on Nova Wallet โStep-by-Step: Stake AXL on Nova Wallet
Install Nova Wallet
Download and install Nova Wallet from its official site. Set up a new wallet or import an existing seed phrase, and back up your recovery phrase securely.
Fund the wallet with AXL
Buy AXL on an exchange (Coinbase, Kraken, Binance) and withdraw to your Nova Wallet address. Double-check the network before sending.
Open the staking section
In Nova Wallet, navigate to the staking or earn tab for Axelar. Pick a validator โ look for low commission, long uptime, and avoid the top validator to support decentralization.
Delegate and confirm
Enter the amount of AXL to stake and confirm the transaction. Rewards typically begin accruing in 1โ2 epochs and compound automatically or are claimable from the same screen.
Nova Wallet for AXL Staking: Pros & Cons
Pros
- + Best mobile UX in the Polkadot ecosystem
- + Direct support for governance + OpenGov
- + Nomination pools and direct staking with one-tap toggling
- + Ledger Live mobile integration
Cons
- - Mobile-first โ no full desktop client
- - Polkadot ecosystem only
- - Some users prefer a desktop signer for large stakes