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.

KSM Staking Information & Parameters

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.