How to Stake staked USD1+ (SUSD1+) on Nova Wallet

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

Current APY

4.0%

Price

$1.03

Platform Fee

Platform Type

wallet

Start Staking SUSD1+ on Nova Wallet

Nova Wallet gives you full control of your assets.

Stake SUSD1+ on Nova Wallet →

Step-by-Step: Stake SUSD1+ on Nova Wallet

Install Nova Wallet

Download and install Nova Wallet 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 SUSD1+

Buy SUSD1+ on an exchange (Coinbase, Kraken, Binance) and withdraw to your Nova Wallet address. Double-check the network before sending.

Open the staking section

In Nova Wallet, navigate to the staking or earn tab for staked USD1+. Pick a validator — look for low commission, long uptime, and avoid the top validator to support decentralization.

Delegate and confirm

Enter the amount of SUSD1+ to stake and confirm the transaction. Rewards typically begin accruing in 1–2 epochs and compound automatically or are claimable from the same screen.

Nova Wallet for SUSD1+ Staking: Pros & Cons

Pros

+ Best mobile UX in the Polkadot ecosystem
+ Direct support for governance + OpenGov
+ Nomination pools and direct staking with one-tap toggling
+ Ledger Live mobile integration

Cons

- Mobile-first — no full desktop client
- Polkadot ecosystem only
- Some users prefer a desktop signer for large stakes

FAQ: SUSD1+ Staking on Nova Wallet

What APY can I earn staking SUSD1+ on Nova Wallet?

The current estimated APY for SUSD1+ staking is around 4.0%. Actual rates vary based on network conditions, validator performance, and Nova Wallet's fee structure (No platform fee — validator commission only).

Is staking SUSD1+ on Nova Wallet safe?

Nova Wallet 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 Nova Wallet?

Unstaking times depend on the network: 28 days (DOT), 7 days (KSM). During the unstaking period, your SUSD1+ won't earn rewards.

What fees does Nova Wallet charge for SUSD1+ staking?

Nova Wallet charges No platform fee — validator commission only. 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.