1. What is MINA staking?
MINA is the native utility token for the Mina blockchain. Instead of using miners and a Proof-of-Work (PoW) consensus mechanism to verify transactions and maintain the integrity of the Mina blockchain, Mina uses a Proof-of-Stake consensus mechanism. This means that network participants are able to stake a certain amount of MINA for the right to honestly verify transactions on Mina and receive rewards for doing so. Additionally, MINA owners are able to lock their tokens and vote for these network participants, known as validators. MINA holders that lock and vote their tokens receive additional MINA as a reward for voting for honest and active validators on the network. CoinList manages the locking and voting for users who deposit MINA into their CoinList wallet so they can passively receive additional MINA.
2. How do I earn MINA staking rewards on CoinList?
When you deposit or purchase MINA on CoinList, you may be eligible to receive staking rewards by keeping MINA in your CoinList Wallet. Once you deposit MINA into your CoinList Wallet, you are automatically opted into staking rewards. There is no action on your end required to participate. Please note that MINA held on CoinList Pro do not earn staking rewards.
3. How much are MINA staking rewards?
You can find the most current staking reward amount on the Staking page (https://coinlist.co/staking) of your account. Please note that CoinList does not guarantee any reward will accrue, and the amount of the reward is subject to change at any time. The estimated reward takes into account CoinList’s fee.
4. What fees are charged for this staking service?
A 15% fee will be taken from your earned staking rewards. Your staked principal will not be affected by the fee.
5. Do I have to buy my MINA on CoinList to earn staking rewards?
No. Users who have procured their MINA from other means or trading venues are able to deposit their MINA into their CoinList Wallet and automatically be enrolled in the staking rewards program.
6. Who is eligible to earn MINA staking rewards on CoinList?
Anyone who is able to open up a wallet on CoinList and deposit MINA into their account is eligible for MINA staking rewards on CoinList. CoinList Wallets are not available in all jurisdictions, please visit this page to see our list of approved jurisdictions. Not available for citizens and residents of the US and Canada.
7. What are MINA staking rewards paid out in?
MINA staking rewards on CoinList are paid out in MINA. This means you will accrue additional MINA by keeping your MINA in your CoinList wallet.
8. When will I receive my MINA staking rewards?
Once per month, CoinList will distribute rewards to users pro-rata of their average holdings over the month. We will notify you via email once your rewards have been distributed into your CoinList wallet.
9. Will my staking rewards be automatically re-staked? Are MINA rewards compounding?
Yes, your MINA staking rewards are automatically re-staked and earning additional rewards unless you withdraw or trade them. MINA rewards are compounding daily, but are only distributed once per month.
10. Who is the MINA staking provider for CoinList?
Currently, MINA tokens held in CoinList Wallets are delegated to Figment, a professional staking service.
11. Can I choose who my MINA tokens are delegated to?
CoinList does not include the functionality to choose to whom your tokens are delegated (i.e. they are automatically delegated to Figment). In order to choose who your tokens are delegated to, you will need to transfer your MINA tokens to a wallet that you control yourself.
12. How do I opt-out of MINA staking rewards?
You will automatically receive staking rewards by holding MINA in your CoinList Wallet. If you would like to opt-out of MINA staking rewards, go to the Staking page > Select MINA > Select “…” for more options > Toggle “Auto stake assets” off. Please note that if you opt out of staking, your earned staking rewards will be distributed at the end of the month along with the regular staking reward distributions. You will not receive your earned staking rewards early.
13. Have I been earning block rewards since the sale date?
Yes. The MINA tokens you purchased have been earning staking rewards since the sale. These accrued rewards will be paid into your CoinList Wallets on May 31 when your tokens unlock.
14. How do I earn “Supercharged Rewards”?
“Supercharged Rewards” are automatically enabled for the MINA tokens you purchased on CoinList. You do not need to take any action to activate these rewards. The staking rewards you will be paid on May 31 (and each month thereafter for the first 15 months after mainnet launch) include Supercharged Rewards. More information about Supercharged Rewards can be found here.
Casper (CSPR) Staking on CoinList
1. What is Casper (CSPR) staking?
Casper is a layer-one blockchain built for application development and scalability. It aims to support enterprise applications without compromising cost, decentralization, or security. Casper uses a Proof-of-Stake (PoS) consensus protocol called Highway to secure the network and verify transactions. Casper rewards network participants for helping secure the blockchain through staking. CoinList will facilitate staking for users, for which CoinList takes a fee from staking rewards. Please note this fee is assessed only on the rewards earned and not your principal tokens. CoinList users who stake their CSPR receive rewards for their contributions.
2. How much are CSPR staking rewards?
You can find the most current staking reward amount on the Staking page (https://coinlist.co/staking) of your account. Please note that CoinList does not guarantee any reward will accrue, and the amount of the reward is subject to change at any time. The estimated reward takes into account CoinList’s fee.
3. How do I earn CSPR staking rewards on CoinList?
There are two ways to earn rewards while staking CSPR on CoinList.
Vault Staking (Discontinued)
Vault Staking has been discontinued for all assets.
Auto-Staking
Here all you have to do is hold your CSPR on CoinList and you will start earning rewards. Rewards for auto-staking will be distributed at the end of each month.
4. When will I receive my CSPR staking rewards?
Your rewards will be credited to your account on a monthly basis.
5. Will my staking rewards be re-staked automatically? Do CSPR rewards compound?
Yes, CSPR staking rewards are re-staked automatically and will continue to earn rewards until you withdraw or trade the CSPR you are holding on CoinList (auto-staking). CSPR rewards compound daily, but are only distributed monthly.
6. Do I have to buy my CSPR on CoinList to earn staking rewards?
No. You may deposit CSPR into your CoinList Wallet and lock your CSPR to earn staking rewards.
7. When will I be able to withdraw my CSPR staking rewards?
You can withdraw or trade unlocked CSPR any time.
8. Who is eligible to earn CSPR staking rewards on CoinList?
With the exception of US and Canadian residents, anyone who is able to open a wallet on CoinList and deposit CSPR into their account is eligible for CSPR staking rewards on CoinList. CoinList Wallets are not available in all jurisdictions, please visit this page to see our list of approved jurisdictions.
9. What are CSPR staking rewards paid out in?
CSPR staking rewards on CoinList are paid out in CSPR. You will not earn any additional rewards in ETH or any other digital asset or token.
Eligible CoinList users who trade qualifying crypto during the promotion period (1.11.2021 - 1.31.2021) may be eligible to receive a bonus in ETH paid directly to your CoinList Wallet. To be eligible to participate in this promotion you must have participated in the NuCypher WorkLock on CoinList. Bonuses are calculated based on total traded volume in USD during the promotion period, and will be paid out as a flat payment based on the tiers outlined in the payout structure below:
For example, if a user trades between $20,000 and $49,999 on CoinList.co or CoinList Pro, they will earn an additional Tier 2 bonus of $50. Bonuses will be distributed within 7 days following the campaign period. There is a maximum of one bonus per user. Trading qualifications are dependent upon geographical and regulatory restrictions. Terms subject to change.
Eligibility:
In order to be eligible for the referral bonus, users must be in one of CoinList Market's approved jurisdictions. Please see coinlist.co/legal for more details on approved jurisdictions.
Additionally:
Period:
Bonuses will be assigned on a first-come, first-serve basis during the campaign period: January 11, 2021 (1.11.2021) and January 31, 2021 (1.31.2021).
Reward Distribution:
For each eligible user, CoinList will deposit ETH into that user’s CoinList Wallet subject to eligibility. Bonuses will be distributed 7 days following the campaign period. The exact amount of ETH will be calculated at the market price of ETH at the time of distribution. Bonuses may not be the exact dollar amount due to ether’s market price fluctuations.
Additional Terms & Conditions:
You agree to be bound by the preceding rules (these “Rules”) and the CoinList Terms and Conditions, found here, by participating in this Trading Bonus Program. CoinList Markets does not guarantee any payment pursuant to these Rules. CoinList Markets reserves the right to change these Rules or cancel this Trading Bonus Program at any time in its sole and absolute discretion. CoinList Markets also reserves the right to render a user ineligible for participation in this referral program should it hold, in its sole discretion, that the user has engaged in any fraudulent, deceptive, abusive or unlawful behavior, including but not limited to Prohibited Use or Prohibited Businesses as those terms are defined in the Terms of Service, found here.
Trade on CoinList »
When you deposit or purchase a supported Proof-of-Stake (PoS) asset on CoinList, you may be eligible to receive staking rewards by having that asset in your CoinList wallet.
Once you deposit an eligible asset into your CoinList wallet, you are automatically opted into staking rewards. There is no action on your end required to participate, but you may opt-out of staking rewards at anytime from the Staking page > Select the asset > Select “…” for more options > Toggle “Auto stake assets” off.
1. What is AXL / WAXL staking?
Axelar is a proof-of-stake network that securely connects all blockchain ecosystems, applications, assets, and users to deliver Web3 interoperability. The AXL token is the utility token for the network, which supports security, decentralization, and ecosystem growth.
Axelar network security is based on delegated proof-of-stake. Axelar built permissionless technology that enables a path toward decentralization. AXL staking supports decentralization while allowing validators (and users who want to act as validators) to earn rewards.
2. What are the types of staking we offer for AXL and WAXL and how do I participate?
We offer auto-staking for both AXL and WAXL. To stake on CoinList, deposit AXL or WAXL into your CoinList Wallet and elect to stake them.
3. How much are AXL and WAXL staking rewards?
You can find the most current staking reward amount on the Staking page (https://coinlist.co/staking) of your account. Please note that CoinList does not guarantee any reward will accrue, and the amount of the reward is subject to change at any time. The estimated reward takes into account CoinList’s fee.
4. What fees are charged for this staking service?
A 15% fee will be taken from your earned staking rewards. Your staked principal will not be affected by the fee.
6. Do I have to buy AXL or WAXL on CoinList to earn staking rewards?
No. Users who have purchased AXL from other exchanges can deposit AXL into a CoinList Wallet and automatically enroll in the staking rewards program.
7. Who is eligible to earn AXL or WAXL staking rewards on CoinList?
AXL and WAXL staking is available in jurisdictions where AXL/WAXL is available for trading. Please visit this page to see our list of approved jurisdictions.
8. What are AXL or WAXL staking rewards paid out in?
If you stake AXL, rewards are paid out in the native version of the AXL token. If you stake WAXL, rewards are paid out in WAXL token.
9. When will I receive my AXL or WAXL staking rewards?
Rewards are distributed monthly.
10. Will my rewards be automatically re-staked? Are AXL rewards compounding?
Yes, your AXL or WAXL staking rewards are automatically re-staked and will earn additional rewards until you choose to trade or withdraw them.
11. Who are the AXL staking providers for CoinList?
Currently, AXL tokens held in CoinList Wallets are delegated to nodes operated by Everstake, Figment, BisonTrails, Forest Staking, and P2P Staking.
12. Can I choose the nodes my AXL tokens are delegated to?
CoinList does not include the functionality to choose the staking provider to which your tokens are delegated (i.e. they are automatically delegated to one of the providers listed above).
13. How do I opt out of AXL or WAXL staking rewards?
You will automatically receive staking rewards by holding AXL or WAXL in your CoinList Wallet. If you would like to opt-out of staking rewards, go to the Staking page > Select AXL > Select “…” for more options > Toggle “Auto stake assets” off. Please note that if you opt out of staking, your earned staking rewards will be distributed at the end of the month along with the regular staking reward distributions. You will not receive your earned staking rewards early.
14. Can I stake WAXL tokens?
Yes.
Some crypto networks, like Bitcoin, use a Proof of Work (PoW) consensus mechanism where miners validate transactions by solving difficult math problems, other networks use a consensus mechanism known as Proof of Stake (PoS). In PoW networks, miners maintain consensus and secure the network, while PoS networks rely on participants known as validators to perform the same work.
Validators confirm transactions and maintain consensus on the network to maintain the integrity and security of the blockchain they’re validating. To ensure that validators are acting honestly, PoS networks require validators to stake a minimum amount of tokens native to that network. This stake can be aggregated from many users, not just the validator, and essentially acts as a security deposit – if a validator is confirming invalid transactions, then validators will lose part of the capital they staked. As compensation for their work and for the opportunity cost of capital, validators earn network rewards for their work. These rewards can be shared among their community for users who have provided additional stake.
Most PoS networks have different and unique consensus mechanisms and economic models. We recommend conducting your own research on each network before participating in any staking program.
If you would like to opt-out of staking rewards for autostaked assets, follow the below steps.
1. Select Staking from within the navigation panel of your account.
2. Select the asset you would like to opt-out of.
3. Select “…” for more options.
4. Toggle “Auto stake assets” off.
1. Who is eligible for SUI Trading and Staking?
SUI trading and staking is prohibited for residents in the U.S. including all U.S. territories, Canada, and other unsupported jurisdictions.
2. How does SUI Staking work?
When you deposit or purchase SUI on CoinList, you may be eligible to receive staking rewards by keeping SUI in your CoinList Wallet. Once you deposit SUI into your CoinList Wallet, you are automatically opted into staking rewards. There is no action on your end required to participate. Please note that SUI held on CoinList Pro does not earn staking rewards.
4. What fees are charged for this staking service?
A 15% fee will be taken from your earned staking rewards. Your staked principal will not be affected by the fee. You can find updated information about the fees here.
5. Do I have to buy my SUI on CoinList to earn staking rewards?
No. Users who have purchased SUI from other exchanges can deposit SUI into a CoinList Wallet and enroll in the staking rewards program.
6. How much are SUI staking rewards?
Rewards are determined on the protocol level. You can see current staking rewards at https://coinlist.co/staking. The estimated reward takes into account CoinList’s fee.
7. Who is the SUI staking provider for CoinList?
SUI tokens held in CoinList Wallets are delegated to nodes operated by Everstake.
Stake SUI » https://coinlist.co/staking