How to Stake POLKADOT in Trust Wallet: A Step-by-Step Guide

Modified on Thu, 14 Nov at 2:48 AM

-:Topics covered:-
1. Key Details for Staking DOT in Trust Wallet

2. Step-by-Step Guide on How to Stake DOT

3. Instructions for Unstaking DOT

This guide will walk you through the process of staking DOT using Trust Wallet. DOT is the native asset of the Polkadot network, which enables seamless interoperability, scalability, and innovation across multiple blockchains.

Key Details for Staking POL with Trust Wallet

Minimum Staking Amount: 250 DOT
Lockup Period: None (unbonding takes 28 days)
Note: During the staking period, both your staked DOT and any rewards generated remain locked. Users will not have access to these funds until the unstaking process is completed.
Staking Yield (APR): View current rates in the "Earn" section of the Trust Wallet app.
Important: Staking and rewards are managed by Trust Wallet’s partners. Therefore, Trust Wallet does not control the staking rate, lockup period, or minimum staking requirement. Lockup specifics, including any time frames for staking and unstaking, are determined by the POLKADOT blockchain itself.
Stay Updated: Ensure you have the latest version of Trust Wallet to access the most current staking options. Download here.

How to Stake POL

Open Trust Wallet, select Earn and go to Native Staking option.
Search for POL and select it.
Tap Stake.
Choose the Amount to Stake and select a Validator (or leave the default).
Tap Continue.
Review the details and select Confirm to complete the staking process.

How to Unstake POL

From the main wallet page, go to Earn and select POL.
Choose Unstake and follow the instructions to confirm.

Note: Once you click Unstake, your balance will not be reflected immediately in your wallet. It will remain in a lockup period of approximately 28 days before it appears in your wallet. To check your balance and the status of your unstaked POL, you can enter your wallet address on Polkadot Subscan for a more detailed view and better understanding.

Frequently Asked Questions

What is the minimum staking amount for DOT?
The minimum amount required to stake is 250 DOT.
When will I start receiving rewards after staking DOT?
Rewards depend on the amount of DOT you stake and network conditions. Your chance to earn rewards may vary accordingly.
How often are DOT staking rewards distributed?
Reward frequency depends on network conditions and the amount of DOT staked. Trust Wallet does not control the distribution frequency.
Is there a minimum reward amount required to claim DOT staking rewards?
No minimum accrued reward is required to claim. Once the lockup period ends, you will receive your staked amount along with any rewards.
Are my DOT staking rewards automatically compounded?
Yes, accrued DOT staking rewards are automatically compounded.
What is the lockup period for staking DOT?
The lockup period for unstaking DOT is 28 days.
Can I use my DOT while it is staked?
No, your DOT tokens are locked during the staking period. To access or use your DOT tokens, you must first unstake them, after which they will become available for use once the lockup period concludes.

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