How to Stake Stride (STRD) and Earn Rewards Using Trust Wallet

Staking Stride (STRD) gives you the opportunity to earn rewards while supporting the Stride network. When you stake your STRD tokens, you contribute to the security and growth of the network, and in return, you receive regular staking rewards.

This guide will walk you through the entire process of how to stake Stride using Trust Wallet. From downloading Trust Wallet, to managing your staked tokens, you’ll find everything you need in this guide to stake Stride.

Before You Get Started

Remember that you can use Trust Wallet as your secure crypto wallet. Buy, sell, swap and stake crypto all in one place.

Trust Wallet also lets you manage and interact with 10M+ crypto assets across 100+ blockchains. Download the latest version of Trust Wallet today.

What is Stride Staking (STRD)?

Stride staking involves locking up your Stride tokens (STRD) to support the Stride network's operations, such as validating transactions and securing the blockchain. When you stake Stride, your tokens are delegated to a validator who is responsible for maintaining the network.

In return for your contribution, you earn staking rewards, typically in the form of additional STRD tokens. Stride staking enables you to participate in the governance and stability of the network while earning a passive income. With Trust Wallet, the process of staking STRD is user-friendly, providing you with a seamless way to engage in STRD staking and benefit from the rewards.

Why Choose Trust Wallet for Staking STRD?

Trust Wallet is the best choice for staking STRD because of its combination of security, convenience, and ease of use. As a non-custodial wallet, Trust Wallet ensures that you retain full control over your private keys and tokens, keeping your assets secure at all times. The intuitive interface makes it easy for both beginners and experienced users to stake Stride and manage their rewards.

Additionally, Trust Wallet supports a wide range of other cryptocurrencies, enabling you to manage multiple assets within a single app. With built-in support for staking, Trust Wallet simplifies the entire process, from selecting a validator to tracking your rewards, making it a reliable and efficient option for STRD staking.

Key Details for Staking STRD Using Trust Wallet

When you stake STRD using Trust Wallet, it's important to understand a few key details to maximize your staking experience:

• Minimum amount to stake: Unlike other cryptocurrencies, there is no minimum amount required to stake STRD.

• Reward rates: The rewards you earn from staking STRD can vary based on network conditions and the performance of your chosen validator. These rates are not fixed and are not controlled by Trust Wallet. You can check the current staking rates directly within the Trust Wallet app.

• Lockup period: When you stake STRD, your tokens will be locked up for a period of 14 days. During this time, you won’t be able to access or unstake your tokens until the lockup period ends.

• Claiming rewards: Rewards from staking STRD are accrued automatically. You can choose to claim these rewards or let them accumulate over time. Trust Wallet makes it easy to track and manage your earned rewards within the app.

How to Stake Stride Using Trust Wallet

Before you stake, be sure that you have the most up-to-date version of Trust Wallet.

Next, if you don’t have any STRD in your wallet, you can deposit crypto using the “Receive” button, or buy crypto directly using Trust Wallet.

Now you’re ready to stake and earn rewards. Staking can be done in just a few steps, and here’s how.

Note: Below, we’ll use staking STRD as the example, but the process is generally the same for each asset.

• Select the “Earn” button from the wallet home screen.

• Select the asset you want to stake, in this example it’s “STRD.”

• Select “Stake.”

• Choose the amount you want to stake, and choose the validator you want to use by selecting the Validator dropdown.

• Once you choose a validator, select “Continue.”

• Follow the remaining instructions to confirm your stake.

How to Unstake STRD in Trust Wallet

If you would like to unstake your STRD, simply follow the steps below:

• Navigate to ‘Earn’ on the main wallet page and select STRD.

• Choose the Unstake option and proceed as per the given instructions.

Note: You will not be able to withdraw your tokens while they are staked. If you want to withdraw your STRD, staked STRD takes 14 days to unstake. This is not something Trust Wallet controls.

In addition to staking crypto, Trust Wallet lets you manage and interact with 10M+ crypto assets across 100+ blockchains. Download the latest version of Trust Wallet today.

Closing Thoughts

Staking STRD using Trust Wallet is an easy way to earn rewards, while contributing to the security and stability of the Stride network. With Trust Wallet's user-friendly interface and strong security features, you can easily manage your staking activities, monitor your rewards, and make informed decisions about your investments.

Disclaimer: Content is for informational purposes and not investment advice. Web3 and crypto come with risk. Please do your own research with respect to interacting with any Web3 applications or crypto assets. View our terms of service.

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Note: Any cited numbers, figures, or illustrations are reported at the time of writing, and are subject to change.