How to Stake Kusama (KSM) on Lace

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

Current APY

15.0%

Price

$4.21

Platform Fee

Platform Type

wallet

Start Staking KSM on Lace

Lace gives you full control of your assets.

Stake KSM on Lace →

Step-by-Step: Stake KSM on Lace

Install Lace

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

Fund the wallet with KSM

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

Open the staking section

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

Delegate and confirm

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

Lace for KSM Staking: Pros & Cons

Pros

+ Cleanest UI of any Cardano wallet — built for mainstream users
+ Backed by IOG and Cardano Foundation
+ Multi-account, NFT support, dApp connector built in
+ Receives priority for new Cardano features

Cons

- Newer than Daedalus / Yoroi — fewer years of public auditing
- Browser extension only (mobile beta as of 2025)
- ADA-only