What is FLOW staking?
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Flow is a Proof-of-Stake (PoS) based blockchain platform that rewards network participants for helping to secure the blockchain through staking. CoinList will facilitate staking for users, and Figment will be acting as the delegated worker for FLOW staking on CoinList. CoinList users that stake their FLOW receive rewards for their contributions.
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​How do I earn FLOW staking rewards on CoinList?
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To stake FLOW on CoinList, deposit FLOW into your FLOW staking account. Deposits can be made any time and begin to earn rewards approximately 7 days (not guaranteed) after the next rewards period. Withdrawal requests are processed at the end of the rewards period and will be available in your wallet after it is unbonded from the protocol (7-14 days). Your funds and rewards will remain locked in the staking account until your withdrawal request is completed. Start earning here: https://coinlist.co/stake/flow.
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​Who is eligible to earn FLOW staking rewards on CoinList?
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With the exception of U.S. and Canadian residents, anyone who is able to open up a wallet on CoinList and deposits FLOW into their account is eligible for FLOW staking rewards on CoinList. CoinList Wallets are not available in all jurisdictions, please visit this page to see our list of approved jurisdictions.
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​How much are FLOW 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.
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​What fees are charged for this staking service?
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An 8% fee will be taken from your earned staking rewards. Your staked principal will not be affected by the fee.
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Visit our fees page for more information.
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​When will I receive my FLOW staking rewards?
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Your funds and rewards will remain locked in your FLOW staking account until you withdraw them.
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​When will I be able to withdraw my FLOW staking rewards?
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You can only withdraw or trade unlocked FLOW. Any FLOW that is currently being 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 FLOW will then be distributed to your FLOW wallet where you can trade or withdraw.
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​Do I have to buy my FLOW on CoinList to earn staking rewards?
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No. You may deposit FLOW into your CoinList Wallet and lock your FLOW to begin earning staking rewards.
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​Will my staking rewards be automatically re-staked? Are FLOW rewards compounding?
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Yes, your FLOW staking rewards are automatically re-staked and will earn additional rewards until you unlock them. You are only able to trade or withdraw unlocked FLOW.
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​What are FLOW staking rewards paid out in?
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FLOW staking rewards on CoinList are paid out in FLOW.
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​Can I choose who my FLOW tokens are delegated to?
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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 FLOW tokens to a wallet that you control yourself.