We’re thrilled to announce the support for bonded on-chain staking strategies for TIA starts now in most regions!
How can I start staking?
Add crypto assets to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit.
Clients can now stake crypto assets and earn up to 18% in yearly rewards from the Earn section of your Kraken Pro account or from the Kraken Pro mobile app.
Here is what you need to know about bonded and flex staking for TIA:
| Staking option | Asset | Unbonding period | Yearly rewards range |
| Bonded | Celestia (TIA) | 21 days | 12%-15% |
| Flex | Celestia (TIA) | 0 days | 4%-7% |
Note:
- An overview of eligibility criteria (including geographic restrictions) can be found here.
- If On-chain staking is not showing as an option on your account, you may not be eligible.
Here’s some more information about each token:
Celestia (TIA) is a modular blockchain network focusing on scalable data availability for blockchains. By separating transaction ordering from network consensus, Celestia helps to address the data availability challenges many blockchains face while scaling. TIA is the native token used for data transactions, network security via proof-of-stake, and enabling decentralized governance within the ecosystem.
Will Kraken make more assets available?
Yes! But our policy is to never reveal any details until shortly before launch – including which assets we are considering. All of Kraken’s available tokens can be found here, and all future tokens will be announced on Kraken’s blog and social media profiles. Our client engagement specialists cannot answer any questions about which assets we may be making available in the future.
These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptoasset or to engage in any specific trading strategy. Kraken does not and will not work to increase or decrease the price of any particular cryptoasset it makes available. Some crypto products and markets are unregulated, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your cryptoassets and you should seek independent advice on your taxation position. Geographic restrictions may apply.
The post Bonded and Flex Staking for Celestia (TIA) starts now appeared first on Kraken Blog.
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Author: KrakenFX
