Ability to stake when using the following entity:
Coinbase Custody Trust Company, LLC: Yes
Coinbase Luxembourg S.A.: Yes
Coinbase Inc.: Yes
Related article:
Validator types that you can use to stake asset on Coinbase Prime:
Coinbase public validator: Yes
Coinbase dedicated validator: No
Non-Coinbase validator: Yes
Active set minimum requirement (Validator Min.): 1 million ALEO- this number may vary
Delegation minimum requirement (Prime UI Min.): 10,000 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
To claim accrued ALEO rewards, please follow these steps within the Prime UI:
Select the three vertical dots on the right hand side of the ALEO staked wallet to view the “Claim Rewards” option. Select “Claim Rewards” which will open a new page.
On the “Claim Rewards” page, input the amount of accrued rewards you would like to claim:
The minimum amount to claim is 5 ALEO
The maximum amount to claim is your current accrued rewards balance
Next, click “Continue” in the bottom right hand corner of this screen and confirm your claim on the next page. This action will require you to verify your identity with your Yubikey and reach consensus prior to being processed.
Once the transaction has been completed and the rewards have been claimed, the amount will be displayed as withdrawable in the same staked wallet.
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.