How can I set up my wallet and stake SUI?

A user guide is coming soon.

What is the minimum and maximum amount I can stake and unstake?

SUI Liquid Staking supports staking and unstaking amounts up to 9th digits after the decimal point, within the limits explained below.

• Minimum amount to stake — 0.1 SUI.

• Minimum amount to unstake — 0.5 SUI.

• Maximum amount to stake or unstake — unlimited.

How will I receive rewards?

You start accumulating rewards after you have staked your SUI and received ankrSUI — a reward-bearing token.

ankrSUI is a reward-bearing token, meaning its quantity stays the same from the moment of staking. Instead, it appreciates in value in relation to SUI, so the redemption price of 1 ankrSUI will grow over time because of reward accumulation.

Should you want to use your rewards, you need to unstake, i.e. redeem ankrSUI for SUI, or swap ankrSUI to another asset on DEXs.

How soon will I start receiving staking rewards?

ankrSUI rewards are built into the token. Effectively, your rewards accumulate daily as ankrSUI grows in value to SUI and you auto-receive them as you're holding ankrSUI.

You cannot use your rewards separately from the main stake, and if you wish to use them, you need to either unstake, receiving at once your SUI stake + accumulated rewards, in SUI.

Does Ankr charge for the service?

Ankr takes a 10% technical service fee from the staking reward to cover for the provided services and operations.

How long does it take to unstake my SUI?

It takes up to 1 day to unstake and receive SUI to your wallet.

Is there any risk from staking, like slashing or any penalties?

The only risk for stakers is missing out on rewards if the validator they staked with is slashed. Slashing is a protocol-level penalty associated with a validator failure if it validates an invalid transaction or goes offline. The delegated staked SUI 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.

If I click Unstake, does my stake immediately stop accumulating rewards?

Yes, your stake immediately stops accumulating rewards once you clicked Unstake.

Why do I receive less than 1 ankrSUI for my 1 SUI?

ankrSUI is a rewards-bearing token, meaning it grows in value towards SUI over time. This is why you're getting less than 1 ankrSUI for 1 SUI when staking. The current amount of ankrSUI you're getting is calculated by the formula: stake * exchange_ratio. The exchange ratio itself is calculated by the formula: totals_supply_of_ankrsui / (total_staked_sui + total_rewards_for_staked_sui - total_unstaked_ankrsui).

Is there any liquidity for my Liquid Staking tokens anywhere?

Shorty after the release of SUI Liquid Staking, we are enabling our SUI staker to trade their ankrSUI in the listed liquidity pools on Ankr DeFi.

We will list specific links once ankrSUI is added to Ankr DeFi.