How to Stake THORChain (RUNE) on Lace

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

Current APY

8.0%

Price

$0.3975

Platform Fee

Platform Type

wallet

Start Staking RUNE on Lace

Lace gives you full control of your assets.

Stake RUNE on Lace →

Step-by-Step: Stake RUNE 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 RUNE

Buy RUNE 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 THORChain. Pick a validator — look for low commission, long uptime, and avoid the top validator to support decentralization.

Delegate and confirm

Enter the amount of RUNE 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 RUNE 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

FAQ: RUNE Staking on Lace

What APY can I earn staking RUNE on Lace?

The current estimated APY for RUNE staking is around 8.0%. Actual rates vary based on network conditions, validator performance, and Lace's fee structure (No platform fee — pool operator margin only).

Is staking RUNE on Lace safe?

Lace is a non-custodial protocol with a medium risk profile for RUNE 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 RUNE from Lace?

Unstaking times depend on the network: None — ADA is liquid while delegated. During the unstaking period, your RUNE won't earn rewards.

What fees does Lace charge for RUNE staking?

Lace charges No platform fee — pool operator margin only. These fees are typically deducted from your staking rewards automatically.

Can I stake RUNE on other platforms?

Yes! You can compare all available platforms for RUNE staking on our How to Stake THORChain guide. Different platforms offer different APY rates, fees, and custody models.