How to Stake Hypha Staked AVAX (STAVAX) on Figment
Figment may not directly support STAVAX staking, but you can still use Figment to buy STAVAX and transfer it for staking.
Current APY
4.0%
Price
$10.87
Platform Fee
Varies
Platform Type
validator
Start Staking STAVAX on Figment
Figment gives you full control of your assets. Your assets are insured.
Stake STAVAX on Figment →Step-by-Step: Stake STAVAX on Figment
Set up a wallet
Install a wallet compatible with Hypha Staked AVAX's blockchain. Popular options include MetaMask, Keplr, Phantom, or the official wallet.
Transfer STAVAX to your wallet
Buy STAVAX 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 STAVAX 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