Cosmos is a proof-of-stake (PoS) blockchain network and Cosmos Staking for everyday users is enabled via delegated-proof-of-stake (DPoS) consensus protocol.
Users can delegate their ATOM tokens to a trusted Validator. Validators run nodes to validate transactions on Cosmos Network and in return earn block rewards in ATOM, which are then distributed to the Delegators after taking a Validator commission.
Robust infrastructure, security, and trustworthiness are all important aspects to consider when choosing the right validator. Our DeFi Wallet node is built on the secure and high-performing validator node infrastructure of our partner, Bison Trails.
As an ATOM holder, you may now start earning ~7%-10% p.a. by staking your ATOM via DeFi Earn, requiring app version 1.6.0 or above.
How do I start earning and stake my ATOM?
Tap [Earn] on the bottom navigation of your DeFi Wallet app
Tap [Start Earning] or [Earn More] to see the list of tokens supported for earning
Select ATOM and enter the stake amount to see the projected annual earning based on the latest estimated annual reward %
Review and confirm the staking by tapping [Confirm Stake]
Authorize the staking request with your passcode (and 2FA if enabled)
Wait for the on-chain confirmation of your staking request
Once confirmed, you will see the refreshed ATOM staking assets on your DeFi Earn screen
Please note that every time when you increase your stake with the same validator, your reward balance will be automatically claimed into your wallet and your ATOM reward balance will start to accrue every block after the staking request is confirmed on-chain.
What happens after I stake my ATOM and how do I understand my staking assets?
You will see your ATOM staking assets on your DeFi Earn screen. Tap on your ATOM assets to navigate to the Cosmos Staking details screen for a more detailed breakdown of your staking-related balances.
Balance | Description |
Staked Balance | Total ATOM amount that is staked with the Validator |
Unbonding Balance | Total ATOM amount that is undergoing the 21-day unbonding period after the unstake request is confirmed Note: Your unbonding balance will be automatically moved to your available balance in ATOM wallet after the unbonding period is over |
Reward Balance | Total ATOM reward amount available for you to claim Note: Every time when you increase your stake with the same validator, your reward balance will be automatically claimed into your wallet |
We also support showing your current staking assets delegated to other Validators via other non-custodial wallets. Please note that the supported staking functions differ from external Validators VS our primary Validator - DeFi Wallet.
How do I claim my ATOM staking rewards?
You can claim your ATOM rewards anytime
1. Tap [Earn] on the bottom navigation of your DeFi Wallet app
2. Tap on your ATOM assets to navigate to Cosmos Staking details screen
3. Tap [Claim Rewards] under the “DeFi Wallet” Validator
4. For “DeFi Wallet” Validator, you will see the 2 options to either [Claim to Wallet] or [Claim to Restake]
[Claim to Restake] will allow you to claim rewards and increase your stake to “DeFi Wallet” validator for a compounding effect of your rewards
Please note that [Claim to Restake] is not available for other Validators’ delegation, you may only [Claim to Wallet]
Please note that each claim reward request will claim all of your existing reward balance with the corresponding Validator as required by the Cosmos Network, you will not be able to specify the claim reward amount
5. Review and confirm the claim reward request by tapping [Confirm]
6. Authorize the claim reward request with your passcode (and 2FA if enabled)
7. Wait for the on-chain confirmation of your claim reward request
8. Once confirmed, you will see the refreshed ATOM staking assets on your DeFi Earn screen and receive the rewards into your ATOM wallet’s available balance for [Claim to Wallet] option
How do I redelegate my ATOM to a different validator?
You can redelegate your existing delegations - change stake from another validator to the DeFi Wallet node easily without undergoing the 21-day unbonding period
1. Tap [Earn] on the bottom navigation of your DeFi Wallet app
2. Tap on your ATOM assets to navigate to Cosmos Staking details screen
3. Tap [Switch Validator] CTA at the bottom of other existing delegations
4. Enter the amount that you want to switch from the existing validator to the DeFi Wallet node
5. Review and confirm the switch validator (redelegate) request by tapping [Confirm Switch Validator]
Please note that you cannot redelegate these ATOMs for 21 days afterwards as enforced by the Cosmos Network to prevent “redelegation hopping” within a short period of time
6. Authorize the switch validator (redelegate) request with your passcode (and 2FA if enabled)
7. Wait for the on-chain confirmation of your request
8. Once confirmed, you will see the staking delegation change to the DeFi Wallet node
Please note that every time when you redelegate your ATOM from the existing validator to another validator, your reward balance with the existing validator will be automatically claimed into your wallet.
How do I unstake my ATOM?
You can unstake your ATOM delegation anytime
Tap [Earn] on the bottom navigation of your DeFi Wallet app
Tap on your ATOM assets to navigate to Cosmos Staking details screen
Tap [...] > [Unstake] for the corresponding Validator’s delegation
Enter the unstake amount
Review and confirm the unstake request by tapping [Confirm Unstake]
Authorize the unstake request with your passcode (and 2FA if enabled)
Wait for the on-chain confirmation of your unstake request
Once confirmed, you will see the refreshed ATOM staking assets on your DeFi Earn screen and your unstaked balance will be moved into the “Unbonding Balance” and undergo the 21-day unbonding period
You can view your unbonding countdown via [...] > [View Unbonding Details] for when your unstaked amount is available in your ATOM wallet for usage
After completing the 21-day unbonding period, the ATOM balance will be added back into your ATOM wallet automatically.
What does the 21-day unbonding period mean?
Your unstaked ATOM will be available to you after a 21-day unbonding period, as enforced by the Cosmos network. This is to protect against a Validator attacking the Cosmos Network and then immediately withdrawing the stake amount.
Why did my unstake request fail?
If you unstake more than 7 times in a 21-day period from the same validator, your 8th unstake request during this 21-day period will fail. You must wait for one of the previous unbonding balances to finish the 21-day countdown. You may check your current unbonding details via [Earn] > [ATOM] > [...] > [View Unbonding Details].
Does Crypto.com charge a fee to stake your ATOM?
Cosmos Network charges network fee in ATOM for all staking-related actions (e.g. stake, claim rewards, unstake).
Hence, we advise you to only claim ATOM rewards when you have earned enough to cover the network fee.
Our DeFi Wallet Validator takes a validator commission on your staking reward balance, just like any other Cosmos validators. Rewards received from Cosmos Staking are shared with the validator, as the validator charges a commission for transaction validation and node operation. The commission is a fixed percentage of your corresponding staking reward and is directly applied to your reward balance.
Users should be aware of the risks of possible slashing of staked assets or rewards. The specifics of slashing are defined within each protocol, and is a mechanism built into Proof of Stake blockchain protocols. Although it's unlikely, there is a possibility you may lose your staked assets or rewards in case of a network or validator failure. While we've taken measures to reduce these risks, losses incurred as a result of slashing or other on-chain contract security are outside of our control and we shall not have any liability or be responsible for any damages or liabilities suffered from slashing penalties.
