How to Stake MultiversX (EGLD) on Figment
Figment may not directly support EGLD staking, but you can still use Figment to buy EGLD and transfer it for staking.
Current APY
11.0%
Price
$3.8
Platform Fee
Varies
Platform Type
validator
Start Staking EGLD on Figment
Figment gives you full control of your assets. Your assets are insured.
Stake EGLD on Figment →Step-by-Step: Stake EGLD on Figment
1
Set up a wallet
Install a wallet compatible with MultiversX's blockchain. Popular options include MetaMask, Keplr, Phantom, or the official wallet.
2
Transfer EGLD to your wallet
Buy EGLD 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 EGLD 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: EGLD Staking on Figment
What APY can I earn staking EGLD on Figment?
The current estimated APY for EGLD staking is around 11.0%. Actual rates vary based on network conditions, validator performance, and Figment's fee structure (Varies (institutional pricing)).
Is staking EGLD on Figment safe?
Figment is a non-custodial protocol with a medium risk profile for EGLD 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 EGLD from Figment?
Unstaking times depend on the network: Network-dependent. During the unstaking period, your EGLD won't earn rewards.
What fees does Figment charge for EGLD staking?
Figment charges Varies (institutional pricing). These fees are typically deducted from your staking rewards automatically.
Can I stake EGLD on other platforms?
Yes! You can compare all available platforms for EGLD staking on our How to Stake MultiversX guide. Different platforms offer different APY rates, fees, and custody models.