Which wallets are compatible with the ankrAVAX (ex-aAVAXc) tokens?
ankrAVAX (ex-aAVAXc) is an ERC-20 token that is compatible with Ethereum-based wallets like MetaMask.
Are there any docs about the AVAX staking and how I set up my wallet etc.?
Yes — there is a user guide (opens in a new tab).
What is the minimum amount of AVAX I can stake?
Is there a maximum amount I can stake?
You can stake at your discretion, unlimited.
How long does it take to unstake my AVAX?
You receive the unstaked AVAX after the unbonding period, which is at end of the current validating period. A validating period is 4 weeks.
How do I receive rewards?
aAVAXb is not actively supported anymore. We recommend you switch your aAVAXb for ankrAVAX (ex-aAVAXc) (opens in a new tab).
ankrAVAX (ex-aAVAXc) is a reward-bearing token, meaning its quantity stays the same from the moment of staking. Instead, it appreciates in value in relation to AVAX, so the redemption price of 1 ankrAVAX will grow over time because of reward accumulation.
How soon after staking will I begin to receive rewards?
ankrAVAX (ex-aAVAXc) rewards are built into the token. Effectively, your rewards accumulate daily as ankrAVAX grows in value to AVAX.
Does Ankr charge for the service?
Ankr takes a 2% fee from the staking reward.
If I click Unstake, does my stake immediately stop accumulating rewards?
Your stake continues to accumulate rewards until the moment you receive them.
Is there any risk from staking, like slashing or any penalties?
The only risk for stakers is missing out on rewards during any time a validator they staked with is slashed. Slashing is a protocol-level penalty associated with a validator failure if it validates an invalid transaction, attacks the network, or goes offline. The delegated staked AVAX is not slashed — slashing impacts only the self-stake of the validator. Ankr only delegates to trusted and reputable validator nodes to avoid any validator that would act maliciously.
Is there any liquidity for my Liquid Staking tokens anywhere?
You can trade them in the listed liquidity pools on ANKR DeFi:
You can also use your Liquid Staking tokens to:
Add liquidity on DEXs (opens in a new tab) and earn from commissions taken when users swap tokens, using the liquidity pool you're a part of.
Yield farm (opens in a new tab) and earn additional rewards in the form of liquidity pool tokens and further farm them.
Put your tokens in a vault (opens in a new tab) and automatically earn additional rewards in the form of one of both assets from the pair.
Can I get staking metrics for my integration?
Yes, if you want to integrate Ankr Liquid Staking into your product, read Liquid Staking Metrics (opens in a new tab).
Why do I get less ankrAVAX (ex-aAVAXc) for my 1 AVAX?
ankrAVAX (ex-aAVAXc) only changes in value, which is why the amount of ankrAVAX you get when staking is calculated by the formula
stake * exchange_ratio. The exchange ratio is calculated like this:
totals_supply_of_ankravax / (total_staked_avax + total_rewards_for_staked_avax - total_unstaked_ankravax).
Can I use cold wallets for staking?
Yes, you can use Ledger Nano cold wallets through MetaMask. Visit the Ledger's guide on connecting Ledger through MetaMask (opens in a new tab).