stacky.

How to Stake SatLayer (SLAY) on Figment

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

Current APY

4.0%

Price

$0.0011

Platform Fee

Varies

Platform Type

validator

Start Staking SLAY on Figment

Figment gives you full control of your assets. Your assets are insured.

Stake SLAY on Figment →

Step-by-Step: Stake SLAY on Figment

1

Set up a wallet

Install a wallet compatible with SatLayer's blockchain. Popular options include MetaMask, Keplr, Phantom, or the official wallet.

2

Transfer SLAY to your wallet

Buy SLAY 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 SLAY 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: SLAY Staking on Figment

What APY can I earn staking SLAY on Figment?
The current estimated APY for SLAY staking is around 4.0%. Actual rates vary based on network conditions, validator performance, and Figment's fee structure (Varies (institutional pricing)).
Is staking SLAY on Figment safe?
Figment is a non-custodial protocol with a high risk profile for SLAY 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 SLAY from Figment?
Unstaking times depend on the network: Network-dependent. During the unstaking period, your SLAY won't earn rewards.
What fees does Figment charge for SLAY staking?
Figment charges Varies (institutional pricing). These fees are typically deducted from your staking rewards automatically.
Can I stake SLAY on other platforms?
Yes! You can compare all available platforms for SLAY staking on our How to Stake SatLayer guide. Different platforms offer different APY rates, fees, and custody models.