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

Staking and funding

DYM buying and selling and staking are reside. 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 part of your Kraken Professional account or from the Kraken Professional cellular 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 straightforward so that you can stake and unstake at any time, with no lockup durations.

Word: 

• An outline of eligibility standards (together with geographic restrictions) might be discovered right here. If On-chain staking isn’t displaying 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 into consideration the consequences of compounding rewards and topic to alter.
• APR might range between Bonded and Versatile staking choices, for extra data 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 information dealing with via Knowledge Availability Networks and provides a RollApp Improvement Package for builders. The community’s operations and person rewards system are anchored by the DYM token, which was initially distributed to the group via the Genesis Rolldrop, forming a key a part of Dymension’s strategic development within the blockchain sector.

Try the Kraken Study Middle article Find out how to purchase 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 might be discovered right here, and all future tokens will probably 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 common data functions solely and will not be funding recommendation or a advice or solicitation to purchase, promote, stake or maintain any cryptoasset or to have interaction in any particular buying and selling technique. Kraken doesn’t and won’t work to extend or lower the value of any explicit 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 enhance within the worth of your cryptoassets and you must search impartial recommendation in your taxation place. Geographic restrictions might apply.