Expanded Staking Opportunities
Bitvavo has enhanced its staking program with three new assets, providing users more flexibility to grow their crypto holdings. The platform’s staking feature remains non-custodial, allowing you to stake or unstake anytime without lock-up periods.
Newly Added Assets & APYs:
- Solana (SOL): 5% annual reward
- Terra (LUNA2): 6% annual reward
- Cosmos (ATOM): 10% annual reward (highest-yielding asset on Bitvavo)
With Cosmos offering a 10% APY, it surpasses Icon (ICX) at 7.5%. Bitvavo continues refining its staking offerings for optimal user benefits.
Enhanced Mobile Staking Experience
A dedicated staking section is now live in the Bitvavo app, enabling users to track rewards and staking activity seamlessly.
👉 Explore Bitvavo’s staking features
Cardano (ADA) APY Adjustment
As part of ongoing reviews, Cardano’s staking rewards have been updated:
- Cardano (ADA): Reduced from 5% to 4.25% APY.
This change aligns with Cardano’s network-wide average pool rate (~4.5%) and factors like:
- Blocks per Epoch (block creation frequency)
- Pledge (operator’s ADA contribution)
- Costs (operator fee percentage)
- Luck (protocol randomness in block production)
Bitvavo’s pools recently underperformed expectations, necessitating this adjustment. For deeper insights, refer to Cardano’s staking mechanics.
Despite ADA’s APY reduction, the addition of SOL, LUNA, and ATOM strengthens Bitvavo’s staking portfolio. Future updates will focus on further enhancements.
FAQ Section
1. How often are staking rewards distributed?
Rewards are typically distributed daily or weekly, depending on the asset’s protocol.
2. Can I unstake my assets anytime?
Yes! Bitvavo offers flexible staking with no lock-up periods.
3. Why did Cardano’s APY decrease?
The adjustment reflects Cardano’s network conditions and pool performance metrics.
4. Is staking safe on Bitvavo?
Bitvavo employs robust security measures, including non-custodial staking where users retain asset control.
Note: All APYs are subject to change based on network conditions. Bitvavo does not charge staking fees.
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