How to Stake Yield 24 (Y24) on Nami

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

Current APY

4.0%

Price

$0.0000

Platform Fee

Platform Type

wallet

Start Staking Y24 on Nami

Nami gives you full control of your assets.

Stake Y24 on Nami →

Step-by-Step: Stake Y24 on Nami

Install Nami

Download and install Nami 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 Y24

Buy Y24 on an exchange (Coinbase, Kraken, Binance) and withdraw to your Nami address. Double-check the network before sending.

Open the staking section

In Nami, navigate to the staking or earn tab for Yield 24. Pick a validator — look for low commission, long uptime, and avoid the top validator to support decentralization.

Delegate and confirm

Enter the amount of Y24 to stake and confirm the transaction. Rewards typically begin accruing in 1–2 epochs and compound automatically or are claimable from the same screen.

Nami for Y24 Staking: Pros & Cons

Pros

+ Minimal, fast UI — pioneered the Cardano dApp connector spec (CIP-30)
+ Lightweight install, low memory footprint
+ Now backed by IOG after 2022 acquisition

Cons

- Browser extension only — no mobile
- ADA-only
- Long-term roadmap unclear post-Lace launch

FAQ: Y24 Staking on Nami

What APY can I earn staking Y24 on Nami?

The current estimated APY for Y24 staking is around 4.0%. Actual rates vary based on network conditions, validator performance, and Nami's fee structure (No platform fee — pool operator margin only).

Is staking Y24 on Nami safe?

Nami 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 Nami?

Unstaking times depend on the network: None — delegated ADA stays liquid. During the unstaking period, your Y24 won't earn rewards.

What fees does Nami charge for Y24 staking?

Nami charges No platform fee — pool operator margin only. 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.