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What is Bittensor?
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Bittensor
TAO
Bittensor staking is not supported by Coinbase.
Staked
81%Staked
0%Unstaked
19%Unstaked
0%Add to your watchlist
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*Ability to stake subject to location and rate subject to change.
Staking Bittensor
Staking Stats
Est. Reward Rate APY
17.94%
Reward Change 24H
0.00%
Reward Change 30D
-0.45%
Asset Market Cap
$3.3B
Staking Market Cap
$2.7B
Tokens Staked
6.0M
Percent Staked
81.35%
Powered by Staking Rewards
Bittensor staking is on the decline this month.
The current estimated reward rate of Bittensor is 17.94%. This means that, on average, stakers of Bittensor are earning about 17.94% if they hold an asset for 365 days. The reward rate has not changed over the last 24 hours. 30 days ago, the reward rate for Bittensor was 18.02%. Today, the staking ratio, or the percentage of eligible tokens currently being staked, is 81.35%. In other words, there are 6.0M of Bittensor staked, which means that Bittensor has a staking market cap of $2.7B. This is compared to a total asset market cap of $3.3B.
Rewards
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Benefits of staking Bittensor
Put your crypto to work
Staking can be a way of making your Bittensor work by generating rewards, rather than collecting dust in your crypto wallet.
Support the projects you like
Staking can also be a way to contribute to the security and efficiency of Bittensor. By staking some of your funds, you make the blockchain more resistant to attacks and strengthen its ability to process transactions.
It’s passive income
You can enroll with just a few clicks or when you join staking pools. While Bittensor is not available to stake on Coinbase, there are still plenty of options to stake.
FAQ
How to stake Bittensor?
You can earn rewards for Bittensor through DeFi yield. DeFi yield lets eligible customers earn yield by lending their crypto to third-party DeFi protocols.
When can I start earning rewards with Bittensor?
You start earning yield with most of the Staking and Standard Rewards assets once they are purchased. To earn yield by staking ETH or depositing assets in DeFi yield, you will need to purchase the asset and then agree to terms to enable the option and start earning rewards.
What are the risks around staking Bittensor?
Staking requires your Bittensor to be locked on the protocol in order to earn rewards. During this time you won't be able to trade or transfer your Bittensor. The lock up periods are defined by protocols and can range from a few hours to a few days. Coinbase does not impose any lock up periods. No additional lockup periods are imposed by Coinbase.
How much can I make staking Bittensor?
The current estimated reward rate of Bittensor is 17.94%. This means that, on average, you can earn about 17.94% for current block/epoc rewards for Bittensor.
How many Bittensor tokens are currently staked?
Currently, 6.0M are staked, which means that the staking market cap of Bittensor is $2.7B.
What percentage of Bittensor is currently being staked?
Of the available tokens, 81.35% is currently staked.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.