Prime

EigenLayer (EIGEN) staking guide on Coinbase Prime

Setting up a Prime Web3 Wallet is required to claim rewards for staking EIGEN on Coinbase Prime. Visit the links below to enroll in PW3W or reach out to your dedicated Account Manager or Prime Ops (primeops@coinbase.com) for more information.

Ability to stake when using the following entity:

  • Coinbase Custody Trust Company, LLC: TBD

  • Coinbase Custody International, Ltd.: Yes

  • Coinbase Inc.: No

  • Delegation minimum requirement (Prime UI Min.):  5,000 EIGEN

  • Staking maximum: None

  • Estimated rewards rate: Rewards rates vary - visit app.eigenlayer.xyz* for current estimated reward rates. Please note neither staking rewards nor claiming rewards are live at the network level at this time. Once live, Coinbase will automatically enable the ability to claim rewards from the address selected during the staking setup process.

*Third-party website provided for information only. Coinbase has not been verified and cannot guarantee the accuracy of information, including minimum requirements, staking maximums, and reward rates, provided on app.eigenlayer.xyz.

  • Warm up period:  None

  • Bonding period: None

  • Unbonding period: 24 days

Staking Functionality:

  • Ability to un-stake assets: Yes

  • Ability to partially unstake wallet:  No

  • Ability to partially stake wallet:  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.

  • Ability to stake to multiple validator addresses from the same wallet: No

Fees charged when using the following validator types:

  • Public operator: Subject to 3rd party delegation fee

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