Advantages of Staking on CoolWallet
CoolWallet offers advanced security by keeping your private keys offline and utilizing AES 256 military-grade encrypted Bluetooth for secure transactions.
We support 7 types of PoS staking coins and 3 stablecoins across 3 blockchains, helping you diversify your staking portfolio. Additionally, CoolWallet provides self-custody, giving you full control over your private keys and assets.
PoS Staking
PoS (Proof of Stake) is a blockchain consensus mechanism where validators stake a certain amount of tokens and earn rewards by securing the network and validating on-chain transactions. You can participate in PoS staking by delegating your tokens to a validator and sharing the staking rewards with them. Click here to learn more
Click on the currency name or icon to view the staking steps.
Stablecoin Staking
PoS (Proof of Stake) is a blockchain consensus mechanism where validators stake a certain amount of tokens and earn rewards by securing the network and validating on-chain transactions. You can participate in PoS staking by delegating your tokens to a validator and sharing the staking rewards with them. Click here to learn more
Click on the currency name or icon to view the staking steps.
USDT
Ethereum, BSC, Polygon
*CoolWallet S does not support Polygon
USDC
Ethereum, BSC
DAI
Ethereum
How to Stake and Earn Rewards
Validators & Service Providers
FAQ
What is Proof-of-Stake?
Proof-of-Stake (PoS) is a consensus mechanism used in blockchain networks to validate and authenticate transactions and create new blocks. It is an alternative to the more traditional Proof-of-Work (PoW) mechanism used in cryptocurrencies like Bitcoin.
In a PoS system, validators are chosen to create new blocks and validate transactions based on the amount of crypto they hold.
What Are Staking Rewards?
Staking rewards are incentives earned by individuals or entities who participate in the process of staking crypto within a blockchain network. Staking rewards can vary significantly depending on the blockchain network, the amount of crypto staked, and the network’s reward distribution mechanism. Users and investors often participate in staking to earn these rewards while contributing to the security and functionality of the blockchain.
Do All Staking Coins Work the Same Way?
No, not all staking coins work the same way. Staking mechanisms and the specific details of how staking works can vary significantly from one blockchain or cryptocurrency to another. Key variations like staking amount, staking duration, reward mechanism, penalties, governance, inflation rate, and network purpose.