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Which wallets are compatible with the aKSMb tokens?

aKSMb is an ERC-20 token that is compatible with Ethereum-based wallets like MetaMask.

Are there any docs about the KSM staking and how I set up my wallet etc.?

Yes — there is a user guide.

What is the minimum amount of KSM I can stake?

1 KSM.

Is there a maximum amount I can stake?

No, you can stake at your discretion, unlimited.

What is the unbonding period for aKSMb?

You receive the unstaked amount after the unbonding period of up to 7 days.

How do I receive rewards?

aKSMb is a rebasing token. When holding aKSMb, your balance will increase in proportion to your KSM staking rewards. A rebase runs daily, and rewards occur each time this runs. So each day, you will see the quantity of your aKSMb increase by a small amount.

How soon after staking will I begin to receive rewards?

aKSMb will increase with every rebase; rebasing occurs daily.

Does Ankr charge for the service?

2% commission from the staking reward.

What determines the amount of reward I receive each rebase of aKSMb?

Staking rewards depend mostly on the voting power of the validator node that your stake is delegated to. Ankr aims to spread delegations to only the most trustworthy and reliable nodes to increase staking rewards.

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

Your stake immediately stops accumulating rewards once you clicked Unstake.

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 KSM 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 aKSMb anywhere currently?

You can check all available DeFi platforms and options on ANKR DeFi.

You can also use your liquid tokens to:

  • Provide liquidity to DEXs and earn from commissions taken when users swap tokens, using the liquidity pool you're a part of.
  • Yield farm and earn additional rewards in the form of other tokens.

Can I get staking metrics for my integration?

Yes, if you want to integrate Ankr Liquid Staking into your product, read Liquid Staking Metrics.