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): Yes

  • 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: Yes

  • 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.