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How to Stake Yield 24 (Y24) on Figment

Figment may not directly support Y24 staking, but you can still use Figment to buy Y24 and transfer it for staking.

Current APY

4.0%

Price

$0.0000

Platform Fee

Varies

Platform Type

validator

Start Staking Y24 on Figment

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

Stake Y24 on Figment →

Step-by-Step: Stake Y24 on Figment

1

Set up a wallet

Install a wallet compatible with Yield 24's blockchain. Popular options include MetaMask, Keplr, Phantom, or the official wallet.

2

Transfer Y24 to your wallet

Buy Y24 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 Y24 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: Y24 Staking on Figment

What APY can I earn staking Y24 on Figment?
The current estimated APY for Y24 staking is around 4.0%. Actual rates vary based on network conditions, validator performance, and Figment's fee structure (Varies (institutional pricing)).
Is staking Y24 on Figment safe?
Figment is a non-custodial protocol with a high risk profile for Y24 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 Y24 from Figment?
Unstaking times depend on the network: Network-dependent. During the unstaking period, your Y24 won't earn rewards.
What fees does Figment charge for Y24 staking?
Figment charges Varies (institutional pricing). These fees are typically deducted from your staking rewards automatically.
Can I stake Y24 on other platforms?
Yes! You can compare all available platforms for Y24 staking on our How to Stake Yield 24 guide. Different platforms offer different APY rates, fees, and custody models.