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

1

Set up a wallet

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

2

Transfer STAVAX to your wallet

Buy STAVAX 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 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

FAQ: STAVAX Staking on Figment

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