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How to Stake Moneybyte (MON) on Ankr

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

Current APY

12.0%

Price

$0.0702

Platform Fee

2%

Platform Type

liquid

Start Staking MON on Ankr

Ankr gives you full control of your assets.

Stake MON on Ankr →

Step-by-Step: Stake MON on Ankr

1

Get a compatible wallet

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

2

Acquire MON

Buy MON 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 MON 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 MON 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: MON Staking on Ankr

What APY can I earn staking MON on Ankr?
The current estimated APY for MON staking is around 12.0%. Actual rates vary based on network conditions, validator performance, and Ankr's fee structure (2% of staking rewards).
Is staking MON on Ankr safe?
Ankr is a non-custodial protocol with a high risk profile for MON 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 MON from Ankr?
Unstaking times depend on the network: Flexible. During the unstaking period, your MON won't earn rewards.
What fees does Ankr charge for MON staking?
Ankr charges 2% of staking rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake MON on other platforms?
Yes! You can compare all available platforms for MON staking on our How to Stake Moneybyte guide. Different platforms offer different APY rates, fees, and custody models.