How to Stake NEO (NEO) on Figment
Figment may not directly support NEO staking, but you can still use Figment to buy NEO and transfer it for staking.
Current APY
8.0%
Price
$2.76
Platform Fee
Varies
Platform Type
validator
Start Staking NEO on Figment
Figment gives you full control of your assets. Your assets are insured.
Stake NEO on Figment →Step-by-Step: Stake NEO on Figment
1
Set up a wallet
Install a wallet compatible with NEO's blockchain. Popular options include MetaMask, Keplr, Phantom, or the official wallet.
2
Transfer NEO to your wallet
Buy NEO 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 NEO 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: NEO Staking on Figment
What APY can I earn staking NEO on Figment?
The current estimated APY for NEO staking is around 8.0%. Actual rates vary based on network conditions, validator performance, and Figment's fee structure (Varies (institutional pricing)).
Is staking NEO on Figment safe?
Figment is a non-custodial protocol with a medium risk profile for NEO 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 NEO from Figment?
Unstaking times depend on the network: Network-dependent. During the unstaking period, your NEO won't earn rewards.
What fees does Figment charge for NEO staking?
Figment charges Varies (institutional pricing). These fees are typically deducted from your staking rewards automatically.
Can I stake NEO on other platforms?
Yes! You can compare all available platforms for NEO staking on our How to Stake NEO guide. Different platforms offer different APY rates, fees, and custody models.