How to Stake Polkadot (DOT) on Nami

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

Current APY

4.7%

Price

$1.29

Platform Fee

Platform Type

wallet

Start Staking DOT on Nami

Nami gives you full control of your assets.

Stake DOT on Nami →

Step-by-Step: Stake DOT on Nami

Install Nami

Download and install Nami 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 DOT

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

Open the staking section

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

Delegate and confirm

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

Nami for DOT Staking: Pros & Cons

Pros

+ Minimal, fast UI — pioneered the Cardano dApp connector spec (CIP-30)
+ Lightweight install, low memory footprint
+ Now backed by IOG after 2022 acquisition

Cons

- Browser extension only — no mobile
- ADA-only
- Long-term roadmap unclear post-Lace launch

Other Platforms for DOT Staking

🏦Coinbase

Exchange · 25–35% commission on rewards

🐙Kraken

Exchange · 10–15% commission on rewards

🟡Binance Staking

Exchange · Fees built into displayed APY

⭕OKX

Exchange · 10–20% commission

🔵Bybit

Exchange · Built into rates

🏛️Figment

validator · Varies (institutional pricing)

🌲Everstake

validator · 5–10% commission

🎵Chorus One

validator · 5–10% commission

🔐Ledger

wallet · No platform fee — only network/validator commission

🔮Talisman