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How to Stake Stakingverse Staked LYX (SLYX) on Ankr

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

Current APY

4.0%

Price

$0.2835

Platform Fee

2%

Platform Type

liquid

Start Staking SLYX on Ankr

Ankr gives you full control of your assets.

Stake SLYX on Ankr →

Step-by-Step: Stake SLYX on Ankr

1

Get a compatible wallet

You'll need a Web3 wallet (like MetaMask, Phantom, or Keplr) that supports Stakingverse Staked LYX's network.

2

Acquire SLYX

Buy SLYX from an exchange and transfer it to your wallet, or swap for it using a DEX.

3

Visit Ankr

Go to Ankr's staking interface and connect your wallet.

4

Stake and receive liquid tokens

Enter your SLYX amount and confirm the staking transaction. You'll receive a liquid staking token (LST) representing your staked position.

5

Use your LST in DeFi (optional)

Your liquid staking token can be used across DeFi — lend it, provide liquidity, or hold it to earn staking rewards passively.

Ankr for SLYX Staking: Pros & Cons

Pros

  • + Very low 2% fee — one of the cheapest liquid staking options
  • + 10+ supported chains
  • + Long track record since 2017
  • + ANKR token staking for additional rewards

Cons

  • - Lower TVL and liquidity vs Lido
  • - ankrTokens have fewer DeFi integrations
  • - Some chains have limited validator diversity

FAQ: SLYX Staking on Ankr

What APY can I earn staking SLYX on Ankr?
The current estimated APY for SLYX staking is around 4.0%. Actual rates vary based on network conditions, validator performance, and Ankr's fee structure (2% of staking rewards).
Is staking SLYX on Ankr safe?
Ankr is a non-custodial protocol with a high risk profile for SLYX 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 SLYX from Ankr?
Unstaking times depend on the network: Flexible. During the unstaking period, your SLYX won't earn rewards.
What fees does Ankr charge for SLYX staking?
Ankr charges 2% of staking rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake SLYX on other platforms?
Yes! You can compare all available platforms for SLYX staking on our How to Stake Stakingverse Staked LYX guide. Different platforms offer different APY rates, fees, and custody models.