Crypto staking and how it works
Staking is the process of actively participating in block validation on proof-of-stake (PoS) blockchains, similar to mining on proof-of-work blockchains. By staking your cryptocurrency, you support network security and earn token rewards.
Tokens supported for staking
- Ethereum (ETH)
- Cardano (ADA)
- Polkadot (DOT)
- Solana (SOL)
- Polygon (POL)
- Tezos (XTZ)
Your assets will be locked up and there might be a specific amount of time before you can access them again. We'll make this time period clear to you, but you'll be exposed to price changes while your assets remain staked. During the lock-up period, most protocols don't give rewards.
What is APY and how are staking rewards calculated?
The Annual Percentage Yield (APY) rate you see in-app is a variable projection based on the rewards we've received historically for each token and that we expect to continue to receive in the future. Past performance is not a reliable indicator of future results.
Each network sets the underlying return rate depending on the number of staking participants. We take a commission on all rewards received, and the return rate for our customers reflects this commission. The APY you see in-app is the net of Revolut's commission.
Crypto staking rewards aren't guaranteed. Tax may be payable on the rewards received.
Is staking crypto safe?
We work with trusted third-party providers to protect your funds from exposure to risk. Staking crypto carries risks such as slashing and downtime penalties, which can result in loss of stake.
Revolut will continue holding staked cryptoassets on your behalf and you will remain the beneficial owner of your cryptoassets.
It is important for you to understand the unique risks that staking cryptoassets carry. Read cryptoasset specific risk summaries to learn more.