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Kusama (KSM) Staking
How to stake your KSM tokens using Nova Wallet!
Nova Wallet is a non-custodial wallet where you alone remain in control of your assets via your private key/seed phrase. Nova Wallet directly connects you to the Kusama protocol to stake directly. Nova Wallet does not provide you with any staking services such as how a CEX may do.
Parameter | Pool Staking | Direct Staking |
---|---|---|
Minimum Stake | 0.002 KSM | 0.1 KSM* |
Unstaking Period | 7 Days | 7 Days |
Rewards Payout | Rewards have to be claimed manually and you must pay transaction fees. | Rewards accrue daily and are paid out daily. |
Governance Participation | Staked KSM cannot be used in Governance. | Staked KSM can be used to participate in Governance on the Kusama protocol. |
*The minimum stake for direct staking may vary over time and is dictated by the Kusama protocol.
Last modified 2mo ago