Prime

Celo (CGLD) staking guide on Coinbase Prime

Video Call Required

Celo staking transactions require a video approval to process.

Ability to stake when using the following entity:

  • Coinbase Custody Trust Company, LLC: Yes

  • Coinbase Custody International, Ltd.: Yes

  • Coinbase Germany GmBH: Yes

Related article:

Staking availability by Coinbase Prime entities

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

    • Coinbase Developer Platform public validator: No

    • Coinbase Developer Platform dedicated validator: Yes

  • Active set minimum requirement (Validator Min.): 10,500 CELO - This number varies- visit https://www.stakingrewards.com/cryptoassets* for current estimated requirements

  • Delegation minimum requirement (Prime UI Min.): N/A
    - this number varies - visit https://www.stakingrewards.com/cryptoassets* for current estimated requirements

*Third-party website provided for information only. Coinbase hasn't verified and doesn't guarantee the accuracy of information, including minimum requirements, staking maximums, and reward rates, provided on www.stakingrewards.com.

Staking maximum: None

Related articles

  • Estimated rewards rate: Rewards rates vary - visit https://www.stakingrewards.com/cryptoassets* for current estimated reward rates

  • Estimated reward payout: Epoch | 24 hours  - rewards may not settle in specified account for an additional duration depending on network conditions and batching of rewards

  • Delegator reward compound: Automatic

*Third-party website provided for information only. Coinbase hasn't verified and doesn't guarantee the accuracy of information, including minimum requirements, staking maximums, and reward rates, provided on www.stakingrewards.com.

Related article:

Staking rewards 

  • Warm up period: N/A

  • Bonding/Unbonding period: 3 days

Related article:

Staking unbonding periods 

Staking Functionality:

  • Ability to un-stake assets: Yes

  • Can you withdraw part of staked assets: No, you must withdraw all

  • Ability to change staking amounts: No

  • 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 due to 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.

  • Partial wallet amounts allowed to stake: No

  • Ability to stake to multiple validator addresses: No

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Fees charged when using the following validator types:

  • Coinbase Custody public validator: Not applicable - unable to delegate this validator type

  • Coinbase Developer Platform public validator: 25%

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

Related article:

Staking pricing and fees

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

  • Video calls: video approvals are required when staking CGLD

Related article:

Consensus settings on Coinbase Prime