How to Stake Terra (LUNA) on Figment
Figment may not directly support LUNA staking, but you can still use Figment to buy LUNA and transfer it for staking.
Current APY
33.4%
Price
$0.0559
Platform Fee
Varies
Platform Type
validator
Start Staking LUNA on Figment
Figment gives you full control of your assets. Your assets are insured.
Stake LUNA on Figment →Step-by-Step: Stake LUNA on Figment
1
Set up a wallet
Install a wallet compatible with Terra's blockchain. Popular options include MetaMask, Keplr, Phantom, or the official wallet.
2
Transfer LUNA to your wallet
Buy LUNA 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 LUNA 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: LUNA Staking on Figment
What APY can I earn staking LUNA on Figment?
The current estimated APY for LUNA staking is around 33.4%. Actual rates vary based on network conditions, validator performance, and Figment's fee structure (Varies (institutional pricing)).
Is staking LUNA on Figment safe?
Figment is a non-custodial protocol with a high risk profile for LUNA 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 LUNA from Figment?
Unstaking times depend on the network: Network-dependent. During the unstaking period, your LUNA won't earn rewards.
What fees does Figment charge for LUNA staking?
Figment charges Varies (institutional pricing). These fees are typically deducted from your staking rewards automatically.
Can I stake LUNA on other platforms?
Yes! You can compare all available platforms for LUNA staking on our How to Stake Terra guide. Different platforms offer different APY rates, fees, and custody models.