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How to Stake Waves (WAVES) on Figment

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

Current APY

12.0%

Price

$0.4116

Platform Fee

Varies

Platform Type

validator

Start Staking WAVES on Figment

Figment gives you full control of your assets. Your assets are insured.

Stake WAVES on Figment →

Step-by-Step: Stake WAVES on Figment

1

Set up a wallet

Install a wallet compatible with Waves's blockchain. Popular options include MetaMask, Keplr, Phantom, or the official wallet.

2

Transfer WAVES to your wallet

Buy WAVES 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 WAVES 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: WAVES Staking on Figment

What APY can I earn staking WAVES on Figment?
The current estimated APY for WAVES staking is around 12.0%. Actual rates vary based on network conditions, validator performance, and Figment's fee structure (Varies (institutional pricing)).
Is staking WAVES on Figment safe?
Figment is a non-custodial protocol with a high risk profile for WAVES 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 WAVES from Figment?
Unstaking times depend on the network: Network-dependent. During the unstaking period, your WAVES won't earn rewards.
What fees does Figment charge for WAVES staking?
Figment charges Varies (institutional pricing). These fees are typically deducted from your staking rewards automatically.
Can I stake WAVES on other platforms?
Yes! You can compare all available platforms for WAVES staking on our How to Stake Waves guide. Different platforms offer different APY rates, fees, and custody models.