How to Stake Osmosis (OSMO) on MyNearWallet

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

Current APY

1.6%

Price

$0.0316

Platform Fee

Platform Type

wallet

Start Staking OSMO on MyNearWallet

MyNearWallet gives you full control of your assets.

Stake OSMO on MyNearWallet →

Step-by-Step: Stake OSMO on MyNearWallet

Install MyNearWallet

Download and install MyNearWallet from its official site. Set up a new wallet or import an existing seed phrase, and back up your recovery phrase securely.

Fund the wallet with OSMO

Buy OSMO on an exchange (Coinbase, Kraken, Binance) and withdraw to your MyNearWallet address. Double-check the network before sending.

Open the staking section

In MyNearWallet, navigate to the staking or earn tab for Osmosis. Pick a validator — look for low commission, long uptime, and avoid the top validator to support decentralization.

Delegate and confirm

Enter the amount of OSMO to stake and confirm the transaction. Rewards typically begin accruing in 1–2 epochs and compound automatically or are claimable from the same screen.

MyNearWallet for OSMO Staking: Pros & Cons

Pros

+ Browser-based — no install required
+ Direct delegation to any NEAR validator
+ Compatible with Ledger hardware wallets
+ Open-source codebase

Cons

- NEAR-only; no multi-chain support
- Web wallets carry phishing risk — bookmark the real URL
- Original NEAR Wallet was deprecated in 2023; some legacy guides are outdated

Other Platforms for OSMO Staking

🌌Keplr Wallet

wallet · No platform fee — validator commission only (typically 5–10%)

🛡️Trust Wallet

wallet · No platform fee — validator commission only

🪂Leap Wallet

wallet · No platform fee — validator commission only

🌅Exodus

wallet · No platform fee — validator commission only (note: Exodus's swap feature charges spread)

FAQ: OSMO Staking on MyNearWallet

What APY can I earn staking OSMO on MyNearWallet?

The current estimated APY for OSMO staking is around 1.6%. Actual rates vary based on network conditions, validator performance, and MyNearWallet's fee structure (No platform fee — validator commission (typically 1–10%)).

Is staking OSMO on MyNearWallet safe?

MyNearWallet is a non-custodial protocol with a medium risk profile for OSMO 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 OSMO from MyNearWallet?

Unstaking times depend on the network: ~2–3 days unstaking (4 epochs). During the unstaking period, your OSMO won't earn rewards.

What fees does MyNearWallet charge for OSMO staking?

MyNearWallet charges No platform fee — validator commission (typically 1–10%). These fees are typically deducted from your staking rewards automatically.

Can I stake OSMO on other platforms?

Yes! You can compare all available platforms for OSMO staking on our How to Stake Osmosis guide. Different platforms offer different APY rates, fees, and custody models.