How to Stake Staking Compound ORAI (SCORAI) on Nami

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

Current APY

4.0%

Price

$0.8303

Platform Fee

No

Platform Type

wallet

Start Staking SCORAI on Nami

Nami gives you full control of your assets.

Stake SCORAI on Nami

Step-by-Step: Stake SCORAI on Nami

1

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.

2

Fund the wallet with SCORAI

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

3

Open the staking section

In Nami, navigate to the staking or earn tab for Staking Compound ORAI. 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 SCORAI 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 SCORAI 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

FAQ: SCORAI Staking on Nami

What APY can I earn staking SCORAI on Nami?
The current estimated APY for SCORAI staking is around 4.0%. Actual rates vary based on network conditions, validator performance, and Nami's fee structure (No platform fee — pool operator margin only).
Is staking SCORAI on Nami safe?
Nami is a non-custodial protocol with a high risk profile for SCORAI 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 SCORAI from Nami?
Unstaking times depend on the network: None — delegated ADA stays liquid. During the unstaking period, your SCORAI won't earn rewards.
What fees does Nami charge for SCORAI staking?
Nami charges No platform fee — pool operator margin only. These fees are typically deducted from your staking rewards automatically.
Can I stake SCORAI on other platforms?
Yes! You can compare all available platforms for SCORAI staking on our How to Stake Staking Compound ORAI guide. Different platforms offer different APY rates, fees, and custody models.