How to Stake stBGT (STBGT) on MyNearWallet

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

Current APY

4.0%

Price

$0.3921

Platform Fee

No

Platform Type

wallet

Start Staking STBGT on MyNearWallet

MyNearWallet gives you full control of your assets.

Stake STBGT on MyNearWallet

Step-by-Step: Stake STBGT on MyNearWallet

1

Install MyNearWallet

Download and install MyNearWallet 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 STBGT

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

3

Open the staking section

In MyNearWallet, navigate to the staking or earn tab for stBGT. 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 STBGT to stake and confirm the transaction. Rewards typically begin accruing in 1–2 epochs and compound automatically or are claimable from the same screen.

MyNearWallet for STBGT Staking: Pros & Cons

Pros

  • + Browser-based — no install required
  • + Direct delegation to any NEAR validator
  • + Compatible with Ledger hardware wallets
  • + Open-source codebase

Cons

  • - NEAR-only; no multi-chain support
  • - Web wallets carry phishing risk — bookmark the real URL
  • - Original NEAR Wallet was deprecated in 2023; some legacy guides are outdated

FAQ: STBGT Staking on MyNearWallet

What APY can I earn staking STBGT on MyNearWallet?
The current estimated APY for STBGT staking is around 4.0%. Actual rates vary based on network conditions, validator performance, and MyNearWallet's fee structure (No platform fee — validator commission (typically 1–10%)).
Is staking STBGT on MyNearWallet safe?
MyNearWallet is a non-custodial protocol with a high risk profile for STBGT 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 STBGT from MyNearWallet?
Unstaking times depend on the network: ~2–3 days unstaking (4 epochs). During the unstaking period, your STBGT won't earn rewards.
What fees does MyNearWallet charge for STBGT staking?
MyNearWallet charges No platform fee — validator commission (typically 1–10%). These fees are typically deducted from your staking rewards automatically.
Can I stake STBGT on other platforms?
Yes! You can compare all available platforms for STBGT staking on our How to Stake stBGT guide. Different platforms offer different APY rates, fees, and custody models.