Covered in this guide:
1. Key details for staking KSM using Trust Wallet
2. How to stake KSM
3. How to unstake KSM
4. Frequently asked questions
In this guide, you'll learn how to stake KSM (Kusama) using Trust Wallet. KSM is the native asset of Kusama, a network designed for experimental blockchain projects, acting as a canary network (an early-release test network that runs real value to trial features) for Polkadot to test and refine technologies before their Polkadot deployment.
Key details for staking KSM using Trust Wallet
Minimum amount required for staking: 0.1 KSM
Lockup period for staking: 28 days
Staking yield (APR — Annual Percentage Rate): Please see the current KSM staking rates listed in the Earn section of the Trust Wallet app.
Important: KSM staking and earning rewards is done via Trust Wallet's trusted partners. Trust Wallet does not control the minimum amount, lockup period, or staking rate for KSM.
To ensure you have KSM staking, as well as all other staking options available to you, be sure to get the most updated version of Trust Wallet: trustwallet.com/download.
How to stake KSM
Open Trust Wallet.
Select Earn.
Search for KSM and select it.
Tap Stake.
Choose the amount of KSM to stake.
Select your validators (nodes that process transactions and secure the Kusama network). Best practices for staking suggest you choose multiple validators.
Tap Continue.
Review the staking details and tap Confirm to complete staking your KSM.
How to unstake KSM
Go to Earn from the main wallet page.
Choose KSM.
Choose Unstake.
Follow the on-screen prompts to confirm unstaking your KSM.
Note: You will not be able to withdraw your KSM tokens while they are staked. If you want to withdraw your KSM, staked KSM takes 28 days to unstake. The unstaking timing is controlled by the Kusama network, not Trust Wallet.
Frequently asked questions
What is the minimum amount to stake KSM?
The minimum amount required to stake KSM is 0.1 KSM.
When do I start receiving rewards when I stake KSM?
The time to your first KSM reward is when you win a reward. The chance to earn KSM rewards is highly dependent on how much KSM you stake and on network conditions.
What is the reward frequency when I stake KSM?
The frequency of KSM staking rewards, and the chance to earn them, is highly dependent on how much KSM you stake and on network conditions.
What's the minimum reward amount in order to claim?
There is no minimum accrued reward required to claim KSM staking rewards. When you unstake your KSM, there is a waiting period, and once that waiting period is over, you receive your original staked KSM plus the rewards accrued.
Are my accrued KSM staking rewards auto-compounded?
KSM staking rewards are automatically compounded.
What is the lockup period when I stake KSM?
The lockup period for staking KSM is 28 days.
Can I use my KSM while they are staked?
Your KSM tokens cannot be used while they are staked or locked. Before you can use your KSM tokens, you'll need to unstake them.