How to Stake staked USD1+ (SUSD1+) on Figment

Figment may not directly support SUSD1+ staking, but you can still use Figment to buy SUSD1+ and transfer it for staking.

Current APY

4.0%

Price

$1.03

Platform Fee

Varies

Platform Type

validator

Start Staking SUSD1+ on Figment

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

Stake SUSD1+ on Figment

Step-by-Step: Stake SUSD1+ on Figment

1

Set up a wallet

Install a wallet compatible with staked USD1+'s blockchain. Popular options include MetaMask, Keplr, Phantom, or the official wallet.

2

Transfer SUSD1+ to your wallet

Buy SUSD1+ 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 SUSD1+ 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: SUSD1+ Staking on Figment

What APY can I earn staking SUSD1+ on Figment?
The current estimated APY for SUSD1+ staking is around 4.0%. Actual rates vary based on network conditions, validator performance, and Figment's fee structure (Varies (institutional pricing)).
Is staking SUSD1+ on Figment safe?
Figment is a non-custodial protocol with a high risk profile for SUSD1+ 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 SUSD1+ from Figment?
Unstaking times depend on the network: Network-dependent. During the unstaking period, your SUSD1+ won't earn rewards.
What fees does Figment charge for SUSD1+ staking?
Figment charges Varies (institutional pricing). These fees are typically deducted from your staking rewards automatically.
Can I stake SUSD1+ on other platforms?
Yes! You can compare all available platforms for SUSD1+ staking on our How to Stake staked USD1+ guide. Different platforms offer different APY rates, fees, and custody models.