Komodo Staking

Take advantage of Komodo Platform’s stake system, producing 5% rewards for simply having KMD in your Guarda Wallet.

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Calculate KMD Rewards

APY

Current Value
Est. Monthly Earning
Est. Yearly Earning

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.

Very important!
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. Read more

FAQ

1. How do I stake KMD?

Proof of Stake blockchains allows users to stake coins to receive rewards. One of them is Komodo. So you can easily stake your KMD in Guarda Wallet and start earning KMD.

2. How much KMD do I need to stake?

You need at least 10 KMD to start staking.

3. Is it worth staking KMD?

By staking KMD, you can earn staking rewards for assisting the network's operation. You can earn rewards. It is undoubtedly a good option for a passive income.

4. Can you lose money by staking KMD?

Guarda allows you to stake cryptocurrency in a non-custodial way. It is just as safe as keeping crypto in your wallet. You maintain complete control over your tokens while staked, and you can even unstake your funds at any time.
Proof-of-Stake increases network security. A hacker's attack is only possible if they have 51 percent of all coins. Attempting to hack into the blockchain's PoS algorithm is unprofitable.

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.

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.

Staking Features 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

Multiplatform

Stake on Web, Desktop or your mobile device

Trusted coins

Only trusted and popular assets available for staking

Simple withdrawal

Very straightforward process of withdrawing earned rewards

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