How to Stake Artificial Superintelligence Alliance (FET) on MyNearWallet

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

Current APY

5.1%

Price

$0.2371

Platform Fee

No

Platform Type

wallet

Start Staking FET on MyNearWallet

MyNearWallet gives you full control of your assets.

Stake FET on MyNearWallet

Step-by-Step: Stake FET on MyNearWallet

1

Install MyNearWallet

Download and install MyNearWallet from its official site. Set up a new wallet or import an existing seed phrase, and back up your recovery phrase securely.

2

Fund the wallet with FET

Buy FET on an exchange (Coinbase, Kraken, Binance) and withdraw to your MyNearWallet address. Double-check the network before sending.

3

Open the staking section

In MyNearWallet, navigate to the staking or earn tab for Artificial Superintelligence Alliance. Pick a validator — look for low commission, long uptime, and avoid the top validator to support decentralization.

4

Delegate and confirm

Enter the amount of FET to stake and confirm the transaction. Rewards typically begin accruing in 1–2 epochs and compound automatically or are claimable from the same screen.

MyNearWallet for FET Staking: Pros & Cons

Pros

  • + Browser-based — no install required
  • + Direct delegation to any NEAR validator
  • + Compatible with Ledger hardware wallets
  • + Open-source codebase

Cons

  • - NEAR-only; no multi-chain support
  • - Web wallets carry phishing risk — bookmark the real URL
  • - Original NEAR Wallet was deprecated in 2023; some legacy guides are outdated

Other Platforms for FET Staking

FAQ: FET Staking on MyNearWallet

What APY can I earn staking FET on MyNearWallet?
The current estimated APY for FET staking is around 5.1%. Actual rates vary based on network conditions, validator performance, and MyNearWallet's fee structure (No platform fee — validator commission (typically 1–10%)).
Is staking FET on MyNearWallet safe?
MyNearWallet is a non-custodial protocol with a medium risk profile for FET 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 FET from MyNearWallet?
Unstaking times depend on the network: ~2–3 days unstaking (4 epochs). During the unstaking period, your FET won't earn rewards.
What fees does MyNearWallet charge for FET staking?
MyNearWallet charges No platform fee — validator commission (typically 1–10%). These fees are typically deducted from your staking rewards automatically.
Can I stake FET on other platforms?
Yes! You can compare all available platforms for FET staking on our How to Stake Artificial Superintelligence Alliance guide. Different platforms offer different APY rates, fees, and custody models.