How to Stake Botanix Staked Bitcoin (STBTC) on Figment
Figment may not directly support STBTC staking, but you can still use Figment to buy STBTC and transfer it for staking.
Current APY
4.0%
Price
$72,974
Platform Fee
Varies
Platform Type
validator
Start Staking STBTC on Figment
Figment gives you full control of your assets. Your assets are insured.
Stake STBTC on Figment →Step-by-Step: Stake STBTC on Figment
Set up a wallet
Install a wallet compatible with Botanix Staked Bitcoin's blockchain. Popular options include MetaMask, Keplr, Phantom, or the official wallet.
Transfer STBTC to your wallet
Buy STBTC on an exchange and withdraw it to your wallet address.
Connect to Figment
Visit Figment's platform and connect your wallet. Make sure you're on the correct network.
Select a staking option
Choose the staking pool, validator, or vault that suits your risk tolerance and desired APY.
Stake and monitor
Confirm the transaction in your wallet. Monitor your staking position and rewards from Figment's dashboard.
Figment for STBTC 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