Prime

Aleo (ALEO) staking guide on Coinbase Prime

Ability to stake when using the following entity:

  • Coinbase Custody Trust Company, LLC: Yes

  • Coinbase Custody International, Ltd.: Yes

  • Coinbase Inc.: Yes

Related article:

Staking availability by Coinbase Prime entities

  • Validator types that you can use to stake asset on Coinbase Prime:

    • Coinbase public validator: Yes

    • Coinbase dedicated validator: No

  • Active set minimum requirement (Validator Min.): 1 million ALEO- this number may vary

  • Delegation minimum requirement (Prime UI Min.): 10 ALEO - this number may vary

Staking maximum: N/A

  • Estimated rewards rate: TBD

  • Estimated reward payout:  Every block - rewards may not settle in specified account for an additional duration depending on network conditions and batching of rewards

  • Delegator reward compound: 

    • Automatic: Earned rewards are automatically staked

  • Warm up period:  No

  • Unbonding period: Once the transaction is approved and processed, which can take up to 24 hours, unstaking takes approximately 1 hour at the protocol level

Staking Functionality:

  • Ability to un-stake assets: Yes

  • Ability to partially unstake wallet: No 

  • Ability to partially stake wallet: No, must stake entire wallet

  • Ability to change validator without un-bonding and restaking: No

  • Ability to add new principal funds to a staked wallet: 

    • Move or unstake: Net new principal funds added to a staked wallet can’t be staked unless you unstake the staked balance and then restake the new balance. You won’t generate rewards when you unstake assets during the unbonding period. You can create a new wallet to stake new funds instead of adding them to an existing staked wallet to continue generating rewards.

Ability to stake to multiple validator addresses from one wallet: No

Fees charged when using the following validator types:

  • Coinbase public validator: 10%

  • Coinbase dedicated validator: Subscription, participatory, and service fee vary. Reach out to your Account Manager or Prime Operations team for more information

  • Consensus requirements: General consensus approvals required for all staking activities.