How to Stake Wrapped stASTR (WSTASTR) on Figment

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

Current APY

4.0%

Price

$0.0083

Platform Fee

Varies

Platform Type

validator

Start Staking WSTASTR on Figment

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

Stake WSTASTR on Figment →

Step-by-Step: Stake WSTASTR on Figment

Set up a wallet

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

Transfer WSTASTR to your wallet

Buy WSTASTR on an exchange and withdraw it to your wallet address.

Connect to Figment

Visit Figment's platform and connect your wallet. Make sure you're on the correct network.

Select a staking option

Choose the staking pool, validator, or vault that suits your risk tolerance and desired APY.

Stake and monitor

Confirm the transaction in your wallet. Monitor your staking position and rewards from Figment's dashboard.

Figment for WSTASTR 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: WSTASTR Staking on Figment

What APY can I earn staking WSTASTR on Figment?

The current estimated APY for WSTASTR staking is around 4.0%. Actual rates vary based on network conditions, validator performance, and Figment's fee structure (Varies (institutional pricing)).

Is staking WSTASTR on Figment safe?

Figment is a non-custodial protocol with a high risk profile for WSTASTR 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 WSTASTR from Figment?

Unstaking times depend on the network: Network-dependent. During the unstaking period, your WSTASTR won't earn rewards.

What fees does Figment charge for WSTASTR staking?

Figment charges Varies (institutional pricing). These fees are typically deducted from your staking rewards automatically.

Can I stake WSTASTR on other platforms?

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