Prime

Sui (SUI) staking guide on Coinbase Prime

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Ability to stake when using the following entity:

  • Coinbase Custody International, Ltd. : Yes

  • Coinbase Germany GmBH: Yes

  • Coinbase Inc. : Yes

  • Coinbase Custody Trust Company (CCTC) clients may be eligible to add Coinbase Inc. (CBI) or Coinbase Custody International (CCI) services to your account to access custody and staking for SUI (SUI). Contact our Prime Operations team, your sales contact or account manager to learn more.

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

    • Coinbase Custody public validator: N/A

    • Coinbase Developer Platform public validator: Yes

      • 10% staking reward for CB Developer Platform public validator 

    • Coinbase Developer Platform dedicated validator: Yes

  • Active set minimum requirement (Validator Min.): Min staking requirement for validators: 1 SUI

  • Delegation minimum requirement (Prime UI Min.): Min staking req for delegators: 1 SUI

  • Staking maximum: None

*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.

  • Estimated rewards rate: Depends on many factors, no definite number until protocol is live - rewards rates vary - visit https://www.stakingrewards.com/cryptoassets* for current estimated reward rates

  • Estimated reward payout: Reward payouts are distributed to each validator's staking pool every epoch (24 hours) and only reaches the staker after unstaking. 

  • Time to first reward: Rewards will be received when the staker unstakes. A staker needs to stake for the entirety of an epoch in order to receive rewards for that epoch when unstaking/withdrawing. 

  • Rewards may not settle in a specified account for an additional duration depending on network conditions and batching of rewards.

  • Delegator reward compound: SUI uses a staking pool approach inspired by liquidity pools. Rewards are added to the pool and auto-compounded through the appreciation of pool tokens. Rewards are auto-compounded and also locked up like the principal. 

*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.

  • Warm up period:  Not implemented currently

  • Bonding/Unbonding period: Not implemented currently, but will have one in the future 

Staking Functionality:

  • Ability to un-stake assets: No

  • Partial Unstaking Allowed: No

  • 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: 

  • New deposits into a staked SUI wallet won’t be auto-staked. To stake it, user needs to transfer it to a different wallet, or unstake the wallet and stake again.  

  • Partial wallet amounts allowed to stake: No 

  • Ability to stake to multiple validator addresses: No 

Fees charged when using the following validator types:

  • Coinbase Custody public validator: N/A

  • Coinbase Developer Platform public validator: Yes, this is the default option

  • Coinbase Developer Platform dedicated validator: Yes

    • 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.