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How to Stake Lava Network (LAVA) on Figment

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

Current APY

65.8%

Price

$0.0337

Platform Fee

Varies

Platform Type

validator

Start Staking LAVA on Figment

Figment gives you full control of your assets. Your assets are insured.

Stake LAVA on Figment →

Step-by-Step: Stake LAVA on Figment

1

Set up a wallet

Install a wallet compatible with Lava Network's blockchain. Popular options include MetaMask, Keplr, Phantom, or the official wallet.

2

Transfer LAVA to your wallet

Buy LAVA 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 LAVA 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: LAVA Staking on Figment

What APY can I earn staking LAVA on Figment?
The current estimated APY for LAVA staking is around 65.8%. Actual rates vary based on network conditions, validator performance, and Figment's fee structure (Varies (institutional pricing)).
Is staking LAVA on Figment safe?
Figment is a non-custodial protocol with a high risk profile for LAVA 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 LAVA from Figment?
Unstaking times depend on the network: Network-dependent. During the unstaking period, your LAVA won't earn rewards.
What fees does Figment charge for LAVA staking?
Figment charges Varies (institutional pricing). These fees are typically deducted from your staking rewards automatically.
Can I stake LAVA on other platforms?
Yes! You can compare all available platforms for LAVA staking on our How to Stake Lava Network guide. Different platforms offer different APY rates, fees, and custody models.