Take advantage of Komodo Platform’s stake system, producing 5% rewards for simply having KMD in your Guarda Wallet.
Komodo staking calculator
What is Komodo Staking?
Any Komodo address holding a value greater than 10 KMD is elligeble to claim KMD Rewards. To encourage active users, the rewards will stop accruing 1 month after a transaction. So claiming your reward at least once a month is recommended. If the reward is claimed at least once a month, the total reward adds up to 5.1% in a year.
Komodo Price Chart
Volume$ 0.00 M
The Difference with Proof-of-Stake
Don't confuse this mechanism with Proof of Stake (PoS). You don't have to be online or run a full node (native mode) to receive the reward. Komodo's UTXOs accrue rewards based on UTXO value and locktime. Also, note that rewards do not apply to funds held on most exchanges where you do not own the private key! This means that if you want to claim your 5% reward, you should transfer your KMD from an exchange wallet to your Guarda Wallet.
Simple Komodo Staking
Komodo holders generate a fixed 5% KMD annually.
All you need to do is to hold more than 10 KMD on your wallet. After the initial wait time passes, the option to claim your Komodo rewards will become available.
Staking Komodo is safe as long you protect your private keys which you have full control of on Guarda.
Earn passive income with your crypto assets in Guarda Wallet.
Easy to use
Easily start staking in just 3 clicks
Variety of assets
Over 10 coins already supported for staking
A huge list of validators
Choose the one you trust
Stake on Web, Desktop or your mobile device
Only trusted and popular assets available for staking
Very simple process of withdrawing earned rewards
How to Stake Komodo (KMD)?
- Step 1. You need to have at least 10 KMD on your Guarda wallet in order to begin staking.
- Step 2. Your funds have to come from another wallet which enables the Komodo claim.
- Step 3. You need to wait for roughly 75 minutes while your rewards begin accruing. Only after this period passes will the Claim option appear in your wallet.
If you have unclaimed KMD rewards, DO NOT transfer your regular KMD funds elsewhere. If you do that, your unclaimed KMD rewards will be lost and defaulted to 0. To prevent that, before sending your funds to a different wallet, please ensure that you have claimed your KMD rewards beforehand.
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