Earn as much as 28% APR* whenever you stake your DYM

Staking and funding

DYM buying and selling and staking are dwell. Add DYM to your Kraken account by navigating to Funding, choosing the asset, and hitting Deposit.

Stake your DYM and earn as much as 28% APR* from the Earn section of your Kraken Pro account or from the Kraken Pro mobile app.

DYM staking on Kraken is gasless, which means there aren’t any community transaction charges for staking and unstaking or for claiming and withdrawing staking rewards. Moreover, Kraken makes it simple so that you can stake and unstake at any time, with no lockup durations.

Observe: 

• An outline of eligibility standards (together with geographic restrictions) could be found here. If On-chain staking isn’t exhibiting as an choice in your account, you will not be eligible.
• *APR or Annual Proportion Return – the estimated price of return on funding that takes under consideration the consequences of compounding rewards and topic to vary.
• APR might fluctuate between Bonded and Versatile staking choices, for extra info go to Overview of On-chain staking

Right here’s some extra details about the token:

Dymension (DYM) is a blockchain community recognized for its RollApps. The blockchain focuses on the play-to-earn gaming and decentralized finance (DeFi) sectors, and is managed by the Dymension Hub. It enhances knowledge dealing with by Knowledge Availability Networks and presents a RollApp Improvement Equipment for builders. The community’s operations and consumer rewards system are anchored by the DYM token, which was initially distributed to the neighborhood by the Genesis Rolldrop, forming a key a part of Dymension’s strategic progress within the blockchain sector.

Try the Kraken Study Heart article How to buy Dymension to get began!

Will Kraken make extra property out there?

Sure! However our coverage is to by no means reveal any particulars till shortly earlier than launch – together with which property we’re contemplating. All of Kraken’s out there tokens could be discovered here, and all future tokens can be introduced on Kraken’s weblog and social media profiles. Our consumer engagement specialists can not reply any questions on which property we could also be making out there sooner or later. 

These supplies are for normal info functions solely and aren’t funding recommendation or a advice or solicitation to purchase, promote, stake or maintain any cryptoasset or to interact in any particular buying and selling technique. Kraken doesn’t and won’t work to extend or lower the value of any specific cryptoasset it makes out there. Some crypto merchandise and markets are unregulated, and also you will not be protected by authorities compensation and/or regulatory safety schemes. The unpredictable nature of the cryptoasset markets can result in lack of funds. Tax could also be payable on any return and/or on any improve within the worth of your cryptoassets and it’s best to search impartial recommendation in your taxation place. Geographic restrictions might apply.