How to Stake Terraport (TERRA) on Lace
Lace may not directly support TERRA staking, but you can still use Lace to buy TERRA and transfer it for staking.
Current APY
4.0%
Price
$0.0014
Platform Fee
No
Platform Type
wallet
Step-by-Step: Stake TERRA on Lace
Install Lace
Download and install Lace 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 TERRA
Buy TERRA on an exchange (Coinbase, Kraken, Binance) and withdraw to your Lace address. Double-check the network before sending.
Open the staking section
In Lace, navigate to the staking or earn tab for Terraport. Pick a validator — look for low commission, long uptime, and avoid the top validator to support decentralization.
Delegate and confirm
Enter the amount of TERRA to stake and confirm the transaction. Rewards typically begin accruing in 1–2 epochs and compound automatically or are claimable from the same screen.
Lace for TERRA Staking: Pros & Cons
Pros
- + Cleanest UI of any Cardano wallet — built for mainstream users
- + Backed by IOG and Cardano Foundation
- + Multi-account, NFT support, dApp connector built in
- + Receives priority for new Cardano features
Cons
- - Newer than Daedalus / Yoroi — fewer years of public auditing
- - Browser extension only (mobile beta as of 2025)
- - ADA-only