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What is SKALE?
Learn more about SKALE and get live price data, news, history, and more.
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Staked
42%Staked
0%Unstaked
58%Unstaked
0%Add to your watchlist
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*Ability to stake subject to location and rate subject to change.
Staking SKALE
Staking Stats
Est. Reward Rate APY
10.24%
Reward Change 24H
0.00%
Reward Change 30D
+11.09%
Asset Market Cap
$292.8M
Staking Market Cap
$121.9M
Tokens Staked
2.3B
Percent Staked
41.63%
Powered by Staking Rewards
SKALE staking is on the rise this month.
The current estimated reward rate of SKALE is 10.24%. This means that, on average, stakers of SKALE are earning about 10.24% 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 SKALE was 9.22%. Today, the staking ratio, or the percentage of eligible tokens currently being staked, is 41.63%. In other words, there are 2.3B of SKALE staked, which means that SKALE has a staking market cap of $121.9M. This is compared to a total asset market cap of $292.8M.
Rewards
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Benefits of staking SKALE
Put your crypto to work
Staking can be a way of making your SKALE 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 SKALE. 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 SKALE is not available to stake on Coinbase, it is available to trade. Sign up to trade SKALE today.
FAQ
How to stake SKALE?
You can earn rewards for SKALE 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 SKALE?
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 SKALE?
Staking requires your SKALE to be locked on the protocol in order to earn rewards. During this time you won't be able to trade or transfer your SKALE. 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 SKALE?
The current estimated reward rate of SKALE is 10.24%. This means that, on average, you can earn about 10.24% for current block/epoc rewards for SKALE.
How many SKALE tokens are currently staked?
Currently, 2.3B are staked, which means that the staking market cap of SKALE is $121.9M.
What percentage of SKALE is currently being staked?
Of the available tokens, 41.63% 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.