How to Stake Looping Collective (LOOP) on Nami

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

Current APY

10.0%

Price

$0.0039

Platform Fee

Platform Type

wallet

Start Staking LOOP on Nami

Nami gives you full control of your assets.

Stake LOOP on Nami →

Step-by-Step: Stake LOOP on Nami

Install Nami

Download and install Nami 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 LOOP

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

Open the staking section

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

Delegate and confirm

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

Nami for LOOP Staking: Pros & Cons

Pros

+ Minimal, fast UI — pioneered the Cardano dApp connector spec (CIP-30)
+ Lightweight install, low memory footprint
+ Now backed by IOG after 2022 acquisition

Cons

- Browser extension only — no mobile
- ADA-only
- Long-term roadmap unclear post-Lace launch

FAQ: LOOP Staking on Nami

What APY can I earn staking LOOP on Nami?

The current estimated APY for LOOP staking is around 10.0%. Actual rates vary based on network conditions, validator performance, and Nami's fee structure (No platform fee — pool operator margin only).

Is staking LOOP on Nami safe?

Nami is a non-custodial protocol with a high risk profile for LOOP 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 LOOP from Nami?

Unstaking times depend on the network: None — delegated ADA stays liquid. During the unstaking period, your LOOP won't earn rewards.

What fees does Nami charge for LOOP staking?

Nami charges No platform fee — pool operator margin only. These fees are typically deducted from your staking rewards automatically.

Can I stake LOOP on other platforms?

Yes! You can compare all available platforms for LOOP staking on our How to Stake Looping Collective guide. Different platforms offer different APY rates, fees, and custody models.