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How to Stake EigenCloud (prev. EigenLayer) (EIGEN) on Figment

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

Current APY

4.0%

Price

$0.1635

Platform Fee

Varies

Platform Type

validator

Start Staking EIGEN on Figment

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

Stake EIGEN on Figment →

Step-by-Step: Stake EIGEN on Figment

1

Set up a wallet

Install a wallet compatible with EigenCloud (prev. EigenLayer)'s blockchain. Popular options include MetaMask, Keplr, Phantom, or the official wallet.

2

Transfer EIGEN to your wallet

Buy EIGEN 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 EIGEN 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: EIGEN Staking on Figment

What APY can I earn staking EIGEN on Figment?
The current estimated APY for EIGEN staking is around 4.0%. Actual rates vary based on network conditions, validator performance, and Figment's fee structure (Varies (institutional pricing)).
Is staking EIGEN on Figment safe?
Figment is a non-custodial protocol with a medium risk profile for EIGEN 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 EIGEN from Figment?
Unstaking times depend on the network: Network-dependent. During the unstaking period, your EIGEN won't earn rewards.
What fees does Figment charge for EIGEN staking?
Figment charges Varies (institutional pricing). These fees are typically deducted from your staking rewards automatically.
Can I stake EIGEN on other platforms?
Yes! You can compare all available platforms for EIGEN staking on our How to Stake EigenCloud (prev. EigenLayer) guide. Different platforms offer different APY rates, fees, and custody models.