How to Stake Bittensor (TAO) on Figment

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

Current APY

15.0%

Price

$265.71

Platform Fee

Varies

Platform Type

validator

Start Staking TAO on Figment

Figment gives you full control of your assets. Your assets are insured.

Stake TAO on Figment

Step-by-Step: Stake TAO on Figment

1

Set up a wallet

Install a wallet compatible with Bittensor's blockchain. Popular options include MetaMask, Keplr, Phantom, or the official wallet.

2

Transfer TAO to your wallet

Buy TAO 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 TAO 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: TAO Staking on Figment

What APY can I earn staking TAO on Figment?
The current estimated APY for TAO staking is around 15.0%. Actual rates vary based on network conditions, validator performance, and Figment's fee structure (Varies (institutional pricing)).
Is staking TAO on Figment safe?
Figment is a non-custodial protocol with a high risk profile for TAO 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 TAO from Figment?
Unstaking times depend on the network: Network-dependent. During the unstaking period, your TAO won't earn rewards.
What fees does Figment charge for TAO staking?
Figment charges Varies (institutional pricing). These fees are typically deducted from your staking rewards automatically.
Can I stake TAO on other platforms?
Yes! You can compare all available platforms for TAO staking on our How to Stake Bittensor guide. Different platforms offer different APY rates, fees, and custody models.