Bond staking for DYM, SEI and TRX starts now
We are excited to announce that support for bonded on-chain staking strategies for DYM, SEI, and TRX is now live in most regions!
How can I start staking?
Go to: Add cryptocurrency assets to your Kraken account. fundingSelect an asset and tap deposit. Customers can now stake their cryptocurrency assets and Earn up to 18% in annual rewards From the Earns section of your Kraken Pro account or the Kraken Pro mobile app.
Are you new to cryptocurrency staking? Check out the Kraken Learning Center article What is Cryptocurrency Staking? Learn more
Bonded Staking Assets Available:
| Legacy | Unbonding period | Bonded Staking Annual Reward Range |
| Dimension (DYM) | 21st | 5% – 10% |
| SIX | 21st | 3% – 6% |
| Tron (TRX) | 14 days | 3% – 6% |
memo:
- Qualification criteria overview (including geographic restrictions) You can find it here.
- If on-chain staking does not appear as an option on your account, you may not be eligible.
Additional information about each token follows:
Dimension (DYM) A blockchain network famous for RollApps. The blockchain focuses on the play-to-earn gaming and decentralized finance (DeFi) sectors and is managed by Dymension Hub. It improves data processing over a data availability network and provides a RollApp development kit for developers. The network operations and user reward system are based on the DYM token, initially distributed to the community through the Genesis Rolldrop, and form a key part of Dymension’s strategic growth in the blockchain sector. For more information, check out our Kraken Learning Center guide: How to Buy Dymension (DYM).
6 networks (SEI) It is a layer 1 blockchain developed by Cosmos that aims to provide next-generation DeFi infrastructure. Sei Network leverages a central limit order book (CLOB) to facilitate decentralized application (dApp) integration and access to liquidity within the Cosmos ecosystem. SEI validators may choose to accept other Cosmos ecosystem-endorsed tokens for gas payments, depending on network governance. SEI tokens allow users to pay gas fees and also serve as the protocol’s governance token. For more information, check out our Kraken Learning Center guide on how to buy Sei Network (SEI).
Tron (TRX) It is a smart contract-enabled blockchain platform that allows developers to deploy their own decentralized apps (dApps). TRON is powered by a Delegated Proof of Stake (DPoS) consensus mechanism, which allows holders of its native token, TRX, to vote on who can receive rewards by validating transactions on the blockchain. TRON’s vision is to create a decentralized version of the Internet. For more information, check out our Kraken Learning Center guide: How to Buy Tron (TRX).
Will Kraken have more assets available?
yes! However, our policy is not to disclose any details, including the assets we are considering, until shortly before launch. 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 Customer Engagement Specialists are unable to answer questions about what assets we may offer in the future.
These materials are provided for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptocurrency or to engage in any particular trading strategy. Kraken does not and will not seek to increase or decrease the price of any particular cryptocurrency it offers. Some cryptocurrency products and markets are unregulated and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptocurrency market may result in loss of funds. Taxes may be levied on the appreciation and/or reporting of your cryptocurrency assets and you should seek independent advice regarding your tax position. Geographic restrictions may apply.
