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How to Stake Magma Staked Monad (GMON) on Ankr

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

Current APY

13.1%

Price

$0.0378

Platform Fee

2%

Platform Type

liquid

Start Staking GMON on Ankr

Ankr gives you full control of your assets.

Stake GMON on Ankr →

Step-by-Step: Stake GMON on Ankr

1

Get a compatible wallet

You'll need a Web3 wallet (like MetaMask, Phantom, or Keplr) that supports Magma Staked Monad's network.

2

Acquire GMON

Buy GMON from an exchange and transfer it to your wallet, or swap for it using a DEX.

3

Visit Ankr

Go to Ankr's staking interface and connect your wallet.

4

Stake and receive liquid tokens

Enter your GMON amount and confirm the staking transaction. You'll receive a liquid staking token (LST) representing your staked position.

5

Use your LST in DeFi (optional)

Your liquid staking token can be used across DeFi — lend it, provide liquidity, or hold it to earn staking rewards passively.

Ankr for GMON Staking: Pros & Cons

Pros

  • + Very low 2% fee — one of the cheapest liquid staking options
  • + 10+ supported chains
  • + Long track record since 2017
  • + ANKR token staking for additional rewards

Cons

  • - Lower TVL and liquidity vs Lido
  • - ankrTokens have fewer DeFi integrations
  • - Some chains have limited validator diversity

FAQ: GMON Staking on Ankr

What APY can I earn staking GMON on Ankr?
The current estimated APY for GMON staking is around 13.1%. Actual rates vary based on network conditions, validator performance, and Ankr's fee structure (2% of staking rewards).
Is staking GMON on Ankr safe?
Ankr is a non-custodial protocol with a high risk profile for GMON 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 GMON from Ankr?
Unstaking times depend on the network: Flexible. During the unstaking period, your GMON won't earn rewards.
What fees does Ankr charge for GMON staking?
Ankr charges 2% of staking rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake GMON on other platforms?
Yes! You can compare all available platforms for GMON staking on our How to Stake Magma Staked Monad guide. Different platforms offer different APY rates, fees, and custody models.