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How to Stake Medibloc (MED) on Figment

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

Current APY

48.4%

Price

$0.0022

Platform Fee

Varies

Platform Type

validator

Start Staking MED on Figment

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

Stake MED on Figment →

Step-by-Step: Stake MED on Figment

1

Set up a wallet

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

2

Transfer MED to your wallet

Buy MED 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 MED 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: MED Staking on Figment

What APY can I earn staking MED on Figment?
The current estimated APY for MED staking is around 48.4%. Actual rates vary based on network conditions, validator performance, and Figment's fee structure (Varies (institutional pricing)).
Is staking MED on Figment safe?
Figment is a non-custodial protocol with a high risk profile for MED 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 MED from Figment?
Unstaking times depend on the network: Network-dependent. During the unstaking period, your MED won't earn rewards.
What fees does Figment charge for MED staking?
Figment charges Varies (institutional pricing). These fees are typically deducted from your staking rewards automatically.
Can I stake MED on other platforms?
Yes! You can compare all available platforms for MED staking on our How to Stake Medibloc guide. Different platforms offer different APY rates, fees, and custody models.