🌊Polkadot Pool Staking

Polkadot pool staking allows you to stake DOT tokens without needing a large amount of capital. With Nova Wallet, you can start staking from just 1 DOT & earn staking rewards daily.

DOT Pool Staking Information & Parameters

Parameter	Information
Minimum Stake	1 DOT
Unstaking Period	~28 Days
Rewards Payout	Rewards accrue daily and must be manually claimed.*
Governance Participation	Staked DOT can be used to participate in Governance on the Polkadot protocol.

*You must manually submit the transaction to claim your DOT rewards by yourself.

You only start to earn rewards in the era after you join a nomination pool. An era on Polkadot is 1 day.

Note: If you attempt to stake less than the minimum amount of DOT tokens to make you eligible for Direct Staking Nova Wallet will automatically assign you to Pool Staking.

1. Open the Nova wallet application.

2. Select the Staking screen.

3. Select Polkadot.

4. Review the staking information presented to you.

5. Once you have understood the terms select the Start Staking button.

6. Input the amount of DOT tokens that you wish to stake and then select continue. Note: a recommended nomination pool is selected by default.

7. Review all of the contextual information provided and select Confirm.

8. Your staking position will now be displayed on the Staking screen within Nova Wallet.

What is pool staking in Polkadot?

Polkadot pool staking allows users to delegate their DOT tokens to a specific nomination pool to earn rewards. It’s designed for users with smaller balances who still want to earn staking rewards on Polkadot.

How much DOT do I need for pool staking?

The minimum DOT for staking in a pool is just 1 DOT. It’s the easiest way to get started with staking Polkadot tokens without needing hundreds of DOT.

How do I claim Polkadot pool staking rewards?

With pool staking on Polkadot, rewards must be claimed manually. You can do this directly in the Nova Wallet app after each era (about 24 hours). This gives you full control over when and how rewards are handled.

Is pool staking better than direct staking?

Pool staking on Polkadot is more accessible but may offer slightly lower APY and requires manual reward claiming. Direct staking pays out automatically but has a much higher DOT minimum. Choose based on your balance and preferences.