How to Stake Osmosis (OSMO) on Figment
Figment may not directly support OSMO staking, but you can still use Figment to buy OSMO and transfer it for staking.
Current APY
1.6%
Price
$0.0316
Platform Fee
Varies
Platform Type
validator
Start Staking OSMO on Figment
Figment gives you full control of your assets. Your assets are insured.
Stake OSMO on Figment โStep-by-Step: Stake OSMO on Figment
Set up a wallet
Install a wallet compatible with Osmosis's blockchain. Popular options include MetaMask, Keplr, Phantom, or the official wallet.
Transfer OSMO to your wallet
Buy OSMO on an exchange and withdraw it to your wallet address.
Connect to Figment
Visit Figment's platform and connect your wallet. Make sure you're on the correct network.
Select a staking option
Choose the staking pool, validator, or vault that suits your risk tolerance and desired APY.
Stake and monitor
Confirm the transaction in your wallet. Monitor your staking position and rewards from Figment's dashboard.
Figment for OSMO Staking: Pros & Cons
Pros
- + 40+ networks with institutional SLAs
- + Slash insurance from Lloyd's of London
- + Compliance tooling (tax reports, AML)
- + Non-custodial โ clients control keys
Cons
- - Primarily for institutions โ minimums are high
- - Not suitable for retail users
- - No liquid staking tokens
Other Platforms for OSMO Staking
wallet ยท No platform fee โ validator commission only (typically 5โ10%)
wallet ยท No platform fee โ validator commission only
wallet ยท No platform fee โ validator commission only
wallet ยท No platform fee โ validator commission only (note: Exodus's swap feature charges spread)