How to Stake Raydium (RAY) on Lace

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

Current APY

12.0%

Price

$0.6343

Platform Fee

No

Platform Type

wallet

Start Staking RAY on Lace

Lace gives you full control of your assets.

Stake RAY on Lace

Step-by-Step: Stake RAY on Lace

1

Install Lace

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

2

Fund the wallet with RAY

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

3

Open the staking section

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

4

Delegate and confirm

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

Lace for RAY Staking: Pros & Cons

Pros

  • + Cleanest UI of any Cardano wallet — built for mainstream users
  • + Backed by IOG and Cardano Foundation
  • + Multi-account, NFT support, dApp connector built in
  • + Receives priority for new Cardano features

Cons

  • - Newer than Daedalus / Yoroi — fewer years of public auditing
  • - Browser extension only (mobile beta as of 2025)
  • - ADA-only

FAQ: RAY Staking on Lace

What APY can I earn staking RAY on Lace?
The current estimated APY for RAY staking is around 12.0%. Actual rates vary based on network conditions, validator performance, and Lace's fee structure (No platform fee — pool operator margin only).
Is staking RAY on Lace safe?
Lace is a non-custodial protocol with a medium risk profile for RAY 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 RAY from Lace?
Unstaking times depend on the network: None — ADA is liquid while delegated. During the unstaking period, your RAY won't earn rewards.
What fees does Lace charge for RAY staking?
Lace charges No platform fee — pool operator margin only. These fees are typically deducted from your staking rewards automatically.
Can I stake RAY on other platforms?
Yes! You can compare all available platforms for RAY staking on our How to Stake Raydium guide. Different platforms offer different APY rates, fees, and custody models.