• Is staking similar to lending/earn?

  No, they are very different. Finst only offers on-chain staking, and your assets are never lent to third parties. Staking involves delegating your cryptocurrencies to validate transactions of Proof-of-Stake blockchains. Although staking involves certain risks, you are not exposed to counterparty risks when staking on-chain, and you always remain the (beneficial) owner of your coins. However, if you lend your assets (often called “Earn” on some platforms), you become exposed to the risk of losingFew readers

• What are the risks of staking?

  Just like investing, staking also involves certain risks. For instance, some of the risks involved with staking are slashing penalties or a protocol/smart contract malfunction. To learn more about the risks related to staking, please read our Risk disclosure.Few readers

• What is staking?

  Staking is a key element of cryptocurrencies that operate using “Proof-of-Stake” (Pos) consensus mechanism. Investors who own proof-of-stake cryptocurrencies can help validate transactions on the blockchain. By staking your cryptocurrencies, you help the blockchain function and receive rewards in return, called staking rewards. You always retain full ownership of your coins when staking with Finst.Few readers

• How much can I earn by staking with Finst?

  We are proud to offer some of the highest staking APY in the industry with maximum flexibility for you as an investor. You can find the list of stakeable assets and current APY on our staking page or in the staking dashboard available on our platform.Few readers

• How are staking rewards calculated and paid?

  Staking rewards are calculated using the Annual Percentage Yield (APY) which is shown in your account in real-time for each cryptocurrency. The APY can fluctuate over time depending on the blockchain protocols. To calculate staking rewards, we use the lowest number of cryptocurrencies you owned during a given day, multiplied by the current APY for a given asset on a pro-rata basis. As soon as you sell or withdraw a cryptocurrency, you stop accruing staking rewards from that moment on.Few readers

• Which cryptocurrencies can I stake with Finst?

  You can find the list of stakeable cryptocurrencies as well as the current APY on our staking page or in the staking dashboard available on our platform.Few readers

• Do I also earn staking rewards on crypto Bundles?

  Yes, staking rewards apply to both individual cryptocurrencies as well as those you hold through our crypto Bundles.Few readers

• How can I enable staking at Finst?

  Enabling staking at Finst is quick and easy. Go to the staking tab on our desktop or mobile platform (Menu Staking) and click on the “Enable staking” button on top of the page. Staking will be enabled instantly for all the stakeable assets that you own, and you will start earning staking rewards from the next day.Few readers

• Can the staking rewards rates change over time?

  Yes, staking rates (APY) can fluctuate over time because the APY generated on the blockchain can also change, for instance depending on the total amount of coins that are staked in a certain protocol. Finst can also decide to adjust the APY based on market circumstances.Few readers

• How can I disable staking?

  You can disable staking at any time for all cryptocurrencies. To disable staking, go to the settings of your account (Menu Settings), click on the staking tab, and disable staking by clicking on the dedicated button.Few readers

• Are my cryptocurrencies locked when staking?

  No. When staking with Finst, you can sell or withdraw your cryptocurrencies at any time. Although some blockchains impose certain lock-up and unbonding periods, Finst takes care of this process in the background so that you can enjoy maximum flexibility with your assets.Few readers