Cosmos is a proof-of-stake (PoS) blockchain network and Cosmos Staking for everyday users is enabled via delegated-proof-of-stake (DPoS) consensus protocol.

Users can delegate their ATOM tokens to a trusted Validator. Validators run nodes to validate transactions on Cosmos Network and in return earn block rewards in ATOM, which are then distributed to the Delegators after taking a Validator commission.

Robust infrastructure, security, and trustworthiness are all important aspects to consider when choosing the right validator. For the beta launch, we have handpicked Bison Trails, our Crypto.com Chain Validator node infrastructure partner as the primary validator for Cosmos Staking.

As an ATOM holder, you may now start earning ~7%-10% p.a. by staking your ATOM via DeFi Earn, requiring app version 1.6.0 or above.

How do I start earning and stake my ATOM?

  1. Tap [Earn] on the bottom navigation of your DeFi Wallet app
  2. Tap [Start Earning] or [Earn More] to see the list of tokens supported for earning
  3. Select ATOM and enter the stake amount to see the projected annual earning based on the latest estimated annual reward %
  4. Review and confirm the staking by tapping [Confirm Stake]
  5. Authorize the staking request with your passcode (and 2FA if enabled)
  6. Wait for the on-chain confirmation of your staking request
  7. Once confirmed, you will see the refreshed ATOM staking assets on your DeFi Earn screen

Your ATOM reward balance will start to accrue every block after the staking request is confirmed on-chain.

What happens after I stake my ATOM and how do I understand my staking assets?

You will see your ATOM staking assets on your DeFi Earn screen. Tap on your ATOM assets to navigate to the Cosmos Staking details screen for a more detailed breakdown of your staking-related balances.

Balance

Description

Staked Balance

Total ATOM amount that is staked with the Validator

Unbonding Balance

Total ATOM amount that is undergoing the 21-day unbonding period after the unstake request is confirmed

Note: Your unbonding balance will be automatically moved to your available balance in ATOM wallet after the unbonding period is over

Reward Balance

Total ATOM reward amount available for you to claim

We also support showing your current staking assets delegated to other Validators via other non-custodial wallets. Please note that the supported staking functions differ from external Validators VS our primary Validator.

How do I claim my ATOM staking rewards?

You can claim your ATOM rewards anytime

  1. Tap [Earn] on the bottom navigation of your DeFi Wallet app
  2. Tap on your ATOM assets to navigate to Cosmos Staking details screen
  3. Tap [Claim Rewards] under the “Bison Trails” Validator
  4. For “Bison Trails” Validator, you will see the 2 options to either [Claim to Wallet] or [Claim to Restake]
  5. Review and confirm the claim reward request by tapping [Confirm]
  6. Authorize the claim reward request with your passcode (and 2FA if enabled)
  7. Wait for the on-chain confirmation of your claim reward request
  8. Once confirmed, you will see the refreshed ATOM staking assets on your DeFi Earn screen and receive the rewards into your ATOM wallet’s available balance for [Claim to Wallet] option

How do I unstake my ATOM?

You can unstake your ATOM delegation anytime

  1. Tap [Earn] on the bottom navigation of your DeFi Wallet app
  2. Tap on your ATOM assets to navigate to Cosmos Staking details screen
  3. Tap [...] > [Unstake] for the corresponding Validator’s delegation
  4. Enter the unstake amount
  5. Review and confirm the unstake request by tapping [Confirm Unstake]
  6. Authorize the unstake request with your passcode (and 2FA if enabled)
  7. Wait for the on-chain confirmation of your unstake request
  8. Once confirmed, you will see the refreshed ATOM staking assets on your DeFi Earn screen and your unstaked balance will be moved into the “Unbonding Balance” and undergo the 21-day unbonding period
  9. You can view your unbonding countdown via [...] > [View Unbonding Details] for when your unstaked amount is available in your ATOM wallet for usage
  10. After completing the 21-day unbonding period, the ATOM balance will be added back into your ATOM wallet automatically.

What does the 21-day unbonding period mean?

Your unstaked ATOM will be available to you after a 21-day unbonding period, as enforced by the Cosmos network. This is to protect against a Validator attacking the Cosmos Network and then immediately withdrawing the stake amount.

Why did my unstake request fail?

If you unstake more than 7 times in a 21-day period from the same validator, your 8th unstake request during this 21-day period will fail. You must wait for one of the previous unbonding balances to finish the 21-day countdown. You may check your current unbonding details via [Earn] > [ATOM] > [...] > [View Unbonding Details].

Does Crypto.com charge a fee to stake your ATOM?

No, Crypto.com does not charge a fee but the Cosmos Network charges network fee in ATOM for all staking-related actions (e.g. stake, claim rewards, unstake).

Hence, we advise you to only claim ATOM rewards when you have earned enough to cover the network fee.

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