The NEAR protocol is a proof-of-stake blockchain, meaning it is designed to reward participation.
Kraken now supports NEAR staking, so you can get your NEAR up and running in just a few clicks with no technical setup, no validator management, no hassle.
How much can you earn?
Kraken offers two ways to stake NEAR, depending on the flexibility you want:
Bonded staking: Earn up to 5% APY. Your NEAR is locked for a short time, but with an opt-out period of just one day, you’re never far from accessing your funds.
Flexible staking and automatic winning: Earn up to 2.5% APY. Your NEAR remains accessible while automatically generating rewards.
Whichever option you choose, rewards automatically refresh to help you increase your earnings over time.
Why bet with Kraken?
Staking NEAR directly on-chain involves choosing validators, navigating the staking infrastructure, and staying on top of ongoing management. Most holders ignore it completely, not because they don’t want the rewards, but because the process isn’t worth it.
Kraken takes care of all this behind the scenes. Here’s what that means for you:
Simple setup. Stake directly from your Kraken account in just a few clicks. No wallets to configure, no validators to search for.
Automatic rewards. Your staking rewards are automatically reinvested, increasing your balance without any action on your part.
Secure infrastructure. Kraken handles validator operations so you don’t have to. Your NEAR takes a back seat while you stay focused on everything else.
Total flexibility. You can exchange, withdraw or reinvest your NEAR at any time.
What is the NEAR protocol?
NEAR Protocol is a Layer 1 proof-of-stake blockchain focused on speed, scalability, and developer accessibility. It is consistently ranked among the top 50 cryptocurrencies by market capitalization and powers a growing ecosystem of decentralized applications.
As a PoS network, NEAR is designed in such a way that holding the token and participating in the network go hand in hand, and staking is the natural way to engage with it.
Put your NEAR to work
Holding NEAR is just the first step. Staking is where rewards start.
Whether you already hold NEAR on Kraken or are looking for a simple and secure place to stake, Kraken makes it easy to start making money.
Geographic restrictions apply. The projected annual rate is an estimate based on average staking rewards accrued over the past period, before commission, and is subject to change. Staking involves risks, including no guarantee of reward, potential loss due to discounts or hacks, and depreciation of asset value upon staking. Please refer to Kraken Terms of use for additional information.
For flexible staking, Kraken will only stake a portion of your assets. You will receive rewards up to 50% of the assets you choose to stake.
