How to Stake Liquid BGT (LBGT) on Figment

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

Current APY

43.9%

Price

$0.4017

Platform Fee

Varies

Platform Type

validator

Start Staking LBGT on Figment

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

Stake LBGT on Figment

Step-by-Step: Stake LBGT on Figment

1

Set up a wallet

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

2

Transfer LBGT to your wallet

Buy LBGT 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 LBGT 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: LBGT Staking on Figment

What APY can I earn staking LBGT on Figment?
The current estimated APY for LBGT staking is around 43.9%. Actual rates vary based on network conditions, validator performance, and Figment's fee structure (Varies (institutional pricing)).
Is staking LBGT on Figment safe?
Figment is a non-custodial protocol with a high risk profile for LBGT 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 LBGT from Figment?
Unstaking times depend on the network: Network-dependent. During the unstaking period, your LBGT won't earn rewards.
What fees does Figment charge for LBGT staking?
Figment charges Varies (institutional pricing). These fees are typically deducted from your staking rewards automatically.
Can I stake LBGT on other platforms?
Yes! You can compare all available platforms for LBGT staking on our How to Stake Liquid BGT guide. Different platforms offer different APY rates, fees, and custody models.