How to Stake BENQI (QI) on Figment
Figment may not directly support QI staking, but you can still use Figment to buy QI and transfer it for staking.
Current APY
4.0%
Price
$0.0015
Platform Fee
Varies
Platform Type
validator
Start Staking QI on Figment
Figment gives you full control of your assets. Your assets are insured.
Stake QI on Figment →Step-by-Step: Stake QI on Figment
1
Set up a wallet
Install a wallet compatible with BENQI's blockchain. Popular options include MetaMask, Keplr, Phantom, or the official wallet.
2
Transfer QI to your wallet
Buy QI on an exchange and withdraw it to your wallet address.
3
Connect to Figment
Visit Figment's platform and connect your wallet. Make sure you're on the correct network.
4
Select a staking option
Choose the staking pool, validator, or vault that suits your risk tolerance and desired APY.
5
Stake and monitor
Confirm the transaction in your wallet. Monitor your staking position and rewards from Figment's dashboard.
Figment for QI Staking: Pros & Cons
Pros
- + 40+ networks with institutional SLAs
- + Slash insurance from Lloyd's of London
- + Compliance tooling (tax reports, AML)
- + Non-custodial — clients control keys
Cons
- - Primarily for institutions — minimums are high
- - Not suitable for retail users
- - No liquid staking tokens
FAQ: QI Staking on Figment
What APY can I earn staking QI on Figment?
The current estimated APY for QI staking is around 4.0%. Actual rates vary based on network conditions, validator performance, and Figment's fee structure (Varies (institutional pricing)).
Is staking QI on Figment safe?
Figment is a non-custodial protocol with a high risk profile for QI 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 QI from Figment?
Unstaking times depend on the network: Network-dependent. During the unstaking period, your QI won't earn rewards.
What fees does Figment charge for QI staking?
Figment charges Varies (institutional pricing). These fees are typically deducted from your staking rewards automatically.
Can I stake QI on other platforms?
Yes! You can compare all available platforms for QI staking on our How to Stake BENQI guide. Different platforms offer different APY rates, fees, and custody models.