How to Stake Waves (WAVES) on Lace

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

Current APY

12.0%

Price

$0.4174

Platform Fee

No

Platform Type

wallet

Start Staking WAVES on Lace

Lace gives you full control of your assets.

Stake WAVES on Lace

Step-by-Step: Stake WAVES on Lace

1

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.

2

Fund the wallet with WAVES

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

3

Open the staking section

In Lace, navigate to the staking or earn tab for Waves. 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 WAVES 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 WAVES 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: WAVES Staking on Lace

What APY can I earn staking WAVES on Lace?
The current estimated APY for WAVES staking is around 12.0%. Actual rates vary based on network conditions, validator performance, and Lace's fee structure (No platform fee — pool operator margin only).
Is staking WAVES on Lace safe?
Lace 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 Lace?
Unstaking times depend on the network: None — ADA is liquid while delegated. During the unstaking period, your WAVES won't earn rewards.
What fees does Lace charge for WAVES staking?
Lace charges No platform fee — pool operator margin only. 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.