Do. Jul 18th, 2024

Kraken is expanding its on-chain staking services to include support for Polkadot (DOT) and Cosmos (ATOM). Starting August 18, this means clients can earn an annual return of 12% staking Polkadot and 7% staking Cosmos directly through their Kraken accounts.

Kraken launched its best-in-class staking service in December 2019, offering a 6% return for staking Tezos. With the addition of Polkadot and Cosmos, Kraken’s offering has grown to six assets, with more coming soon.

Key Advantages to Staking with Kraken:

  • Start earning rewards on DOT or ATOM instantly, with no waiting or lockup periods
  • Enjoy one of the highest returns in the industry (12% for DOT and 7% for ATOM)
  • Receive payouts on a regular schedule, twice every week
  • Quickly exit from your staking position if you want to trade or withdraw by transferring tokens from your Staking Wallet back to your Spot Wallet
  • Available for Starter, Intermediate and Pro account tiers

To learn more about staking and how you can get started with Polkadot or Cosmos, see Kraken blog post.


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