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.
How do I earn CSPR staking rewards on CoinList?
There are two ways to earn rewards while staking CSPR on CoinList: vault staking and auto-staking.
Vault Staking
You must lock CSPR tokens for vault staking. Locking can be done at any time and you will begin to earn rewards at the start of the next staking period. The staking period lasts 1 month. If you do not unlock your tokens by the end of the staking period, your CSPR, your initial CSPR deposit, and your CSPR rewards will be re-staked automatically for the next rewards period.
Auto-Staking
For auto-staking, 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.
Start earning here: https://coinlist.co/stake/casper.
Who is eligible to earn CSPR staking rewards on CoinList?
With the exception of U.S. 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.
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 along with the percentage of tokens deposited that remain unstaked for liquidity purposes.
What fees are charged for this staking service?
CoinList will facilitate staking for users, for which CoinList takes a 15% fee from staking rewards. Please note this fee is assessed only on the rewards earned and not your principal tokens. CoinList users that stake their CSPR receive rewards for their contributions.
Visit our fees page for more information.
When will I receive my CSPR staking rewards?
Your funds and rewards will remain locked in your CSPR staking account until you withdraw them.
When will I be able to withdraw my CSPR staking rewards?
You can only withdraw or trade unlocked CSPR. Any CSPR that is being vault staked cannot be withdrawn or traded. You must initiate an unlock prior to the end of the staking rewards period. At the end of the reward period, unlocked CSPR will then be distributed to your CSPR wallet where you can trade or withdraw.
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.
Will my staking rewards be re-staked automatically? Do CSPR rewards compound?
For vault staking, CSPR staking rewards are re-staked automatically and will continue to earn rewards until you unlock them. You are only able to trade or withdraw unlocked CSPR.
For auto-staking, CSPR staking rewards will continue to earn rewards until you withdraw the CSPR you are holding on CoinList.
CSPR rewards compound daily, but are only distributed monthly.
What are CSPR staking rewards paid out in?
CSPR staking rewards on CoinList are paid out in CSPR.
Updated over a year ago