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63%
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37%
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Staking Desmos

Staking Stats

Est. Reward Rate APY

3.00%

Reward Change 24H

-0.02%

Reward Change 30D

+1.25%

Asset Market Cap

$1.1M

Staking Market Cap

$728.3K

Tokens Staked

52.5M

Percent Staked

63.46%

Desmos staking is on the rise this month.

The current estimated reward rate of Desmos is 3.00%. This means that, on average, stakers of Desmos are earning about 3.00% if they hold an asset for 365 days. 24 hours ago the reward rate for Desmos was 3.00%. 30 days ago, the reward rate for Desmos was 2.96%. Today, the staking ratio, or the percentage of eligible tokens currently being staked, is 63.46%. In other words, there are 52.5M of Desmos staked, which means that Desmos has a staking market cap of $728.3K. This is compared to a total asset market cap of $1.1M.

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Benefits of staking Desmos

Put your crypto to work

Staking can be a way of making your Desmos work by generating rewards, rather than collecting dust in your crypto wallet.

Support the projects you like

Staking can also be a way to contribute to the security and efficiency of Desmos. By staking some of your funds, you make the blockchain more resistant to attacks and strengthen its ability to process transactions.

It’s passive income

You can enroll with just a few clicks or when you join staking pools. While Desmos is not available to stake on Coinbase, there are still plenty of options to stake.

FAQ

How to stake Desmos?

You can earn rewards for Desmos through DeFi yield. DeFi yield lets eligible customers earn yield by lending their crypto to third-party DeFi protocols.

When can I start earning rewards with Desmos?

You start earning yield with most of the Staking and Standard Rewards assets once they are purchased. To earn yield by staking ETH or depositing assets in DeFi yield, you will need to purchase the asset and then agree to terms to enable the option and start earning rewards.

What are the risks around staking Desmos?

Staking requires your Desmos to be locked on the protocol in order to earn rewards. During this time you won't be able to trade or transfer your Desmos. The lock up periods are defined by protocols and can range from a few hours to a few days. Coinbase does not impose any lock up periods. No additional lockup periods are imposed by Coinbase.

How much can I make staking Desmos?

The current estimated reward rate of Desmos is 3.00%. This means that, on average, you can earn about 3.00% for current block/epoc rewards for Desmos.

How many Desmos tokens are currently staked?

Currently, 52.5M are staked, which means that the staking market cap of Desmos is $728.3K.

What percentage of Desmos is currently being staked?

Of the available tokens, 63.46% is currently staked.