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How to Stake RingDAO (RING) on Figment

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

Current APY

12.0%

Price

$0.0005

Platform Fee

Varies

Platform Type

validator

Start Staking RING on Figment

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

Stake RING on Figment →

Step-by-Step: Stake RING on Figment

1

Set up a wallet

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

2

Transfer RING to your wallet

Buy RING 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 RING 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: RING Staking on Figment

What APY can I earn staking RING on Figment?
The current estimated APY for RING staking is around 12.0%. Actual rates vary based on network conditions, validator performance, and Figment's fee structure (Varies (institutional pricing)).
Is staking RING on Figment safe?
Figment is a non-custodial protocol with a high risk profile for RING 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 RING from Figment?
Unstaking times depend on the network: Network-dependent. During the unstaking period, your RING won't earn rewards.
What fees does Figment charge for RING staking?
Figment charges Varies (institutional pricing). These fees are typically deducted from your staking rewards automatically.
Can I stake RING on other platforms?
Yes! You can compare all available platforms for RING staking on our How to Stake RingDAO guide. Different platforms offer different APY rates, fees, and custody models.