STAKE FET WITH LEAP WALLET
Staking Fetch.ai (FET) tokens is a great way for long-term crypto investors to generate passive income. With current annual percentage yields ranging from 6-8%, FET staking has become an attractive way to get paid while supporting Web3 and the AI space.
This step-by-step guide walks you through the process of staking FET using Leap Wallet, one of the most user-friendly wallets in the Cosmos ecosystem.
You’ve got quick access to our other FET staking guides. Just click one of the buttons below.
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Why Stake FET Tokens
Fetch.ai is a Proof-of-Stake blockchain that rewards token holders for participating in network validation.
This creates a win-win scenario for token holders. You are simultaneously strengthening the network’s decentralization and security while generating passive income, without running a validator yourself.
Beyond earning rewards, staking FET helps reduce sell pressure in the market by locking tokens on the network.
WHY STAKE FET WITH LEAP WALLET
Leap has quickly become a premier Cosmos wallet, supporting over 250 tokens across 70+ blockchain networks. Leap has a friendly user interface (UI) and makes staking Cosmos tokens straightforward.
Leap wallet also connects seamlessly to DeFi platforms, like Kava and Osmosis.
Leap is non-custodial, meaning you maintain complete control over your private keys and assets. It’s been audited by leading firms and you can easily connect a Ledger hardware wallet to keep your private keys offline.
Be sure to check out our wallet security checklist.
Transferring FET to Your Leap Wallet
Open your wallet and choose the Fetch.ai chain from the dropdown at the top. Leap will automatically generate a native FET address for you. Click the “receive” button to display your unique wallet address, which you’ll use to transfer tokens from an exchange or another wallet.
However, some exchanges only offer the Ethereum ERC-20 version of FET and those tokens cannot be sent straight to your FET mainnet address. They must be bridged over.
To avoid this complexity, use the Leap wallet swap feature. You can easily trade other Cosmos tokens for native FET. Then you’re ready to stake!
Step-by-Step FET Staking with Leap Wallet
Once the native FET tokens are at your Leap address, you can stake. Check out the screenshots in the image slider below to see how simple it is.
Key Takeaways:
1. Tap “Stake” from your wallet home screen
2. Tap the “Stake now” button to continue
3. Type “Atlas Staking” in the search box
4. Tap on “Atlas Staking” to select us
5. Enter the number of FET you want to stake
6. Tap “Review Stake” to continue
7. Tap “Confirm Stake” to send it on-chain
1. Tap “Stake” from your wallet home screen
2. Tap the “Stake now” button to continue
3. Type “Atlas Staking” in the search box
4. Tap on “Atlas Staking” to select us
Never stake 100% of your tokens
5. Enter the number of FET you want to stake
6. Tap “Review Stake” to continue
7. Tap “Confirm Stake” to send it on-chain
Your FET is reliably earning rewards!
Tap “Done” to return to your home screen
Tap “Stake” to view your staked FET
Thanks for staking with Atlas!
AUTO-COMPOUNDING AND RESTAKING FET
The more often you claim and restake your rewards, the higher your yield. Doing this manually is time consuming and it’s difficult to keep up with.
Fortunately, Atlas can claim and restake your FET rewards every day for you. You grant us permission through the REStake app, a permission which can be revoked at any time.
Key Takeaways:
1. Tap the “Browser” icon on your home screen
2. Type “REStake’ into the search box
3. Tap “REStake” to visit the site.
4. Type “Fetch” in the search box
5. Tap “Fetch.ai” to select the network
6. Tap “Connect” and then choose “Leap Wallet”
7. Tap “Connect” on the next screen
8. If you’re already staked with us, tap “Atlas Staking”
9. Or search “Atlas Staking” and tap our name
10. Click “Stake” on the next screen
11. Click “Enable REStake” on the next screen
12. Click “Enable REStake” one more time
13. Click “Approve” to send the transaction on-chain
1. Tap the “Browser” icon on your home screen
2. Type “REStake’ into the search box
3. Tap “REStake” to visit the site.
4. Type “Fetch” in the search box
5. Tap “Fetch.ai” to select the network
6. Tap “Connect” and then choose “Leap Wallet”
7. Tap “Connect” on the next screen
8. If you’re already staked with us, tap “Atlas Staking”
9. Or search “Atlas Staking” and tap our name
10. Click “Stake” on the next screen
11. Click “Enable REStake” on the next screen
12. Click “Enable REStake” one more time
13. Click “Approve” to send the transaction on-chain
You’re FET is set to be automatically claimed and restaked!
TRACKING REWARDS & CRYPTO TAXES
Countries like the United States require investors to pay income tax on their staking rewards. That means if you’re a U.S. resident you must keep track of everything.
Even if you live in a country that doesn’t collect taxes on your crypto, it’s a good idea to use a portfolio management tool, like Koinly, to stay on top of your investments.
Koinly is the best crypto portfolio management and tax software we tested and it’s FREE to use. Fees are only charged if/when you generate a tax report. Use our referral link below to lock in future discounts, just in case.
Start Earning with FET Staking Today
By following this step-by-step FET staking guide, you can confidently set up Leap Wallet, transfer your FET tokens, and begin earning staking rewards within minutes. Staking with a reliable validator like Atlas Staking enables us to support network security while maximizing your returns.
As the Artificial Super Intelligence Alliance and Fetch.ai ecosystem continues to expand, you can position yourself as an early staker to benefit from both reward accumulation and potential long-term token price appreciation. Past performance is no guarantee of future results.
FREQUENTLY ASKED QUESTIONS
How much FET do I need to start staking with Leap Wallet?
There’s no minimum staking requirement imposed by the network. However, it’s recommended to keep at least 1 FET unstaked in your wallet to cover future transaction fees, like claiming rewards, restaking, or unstaking. Since Fetch.ai network fees are minimal—typically fractions of a cent per transaction—even small holders can participate.
What happens to my FET tokens during the unbonding period?
When you unstake FET tokens, they enter a 21-day unbonding period before becoming available. During this time, your tokens remain locked and do not earn any staking rewards, nor can they be transferred, traded, or restaked.
Can I stake FET from exchanges directly, or must I transfer to Leap Wallet first?
We don’t know of an exchange that currently offers FET staking. However, crypto is designed for self-custody and cutting out the middleman. So, you must transfer your FET tokens to a non-custodial wallet before staking them. When withdrawing from exchanges like Binance or Coinbase, ensure you select the native Fetch.ai network rather than ERC-20 FET on Ethereum. Always send a small test transaction first to verify the address is correct before transferring larger amounts. Native FET arrives ready to stake immediately, while ERC-20 tokens require bridging to the Fetch.ai mainnet before they can be delegated.
How often should I claim my FET staking rewards for maximum returns?
You can claim your rewards as often as you like, but must be mindful of the fees to claim. The more often you claim and restake your FET, the quicker you compound and the higher your APY. But, it’s time-consuming and difficult to keep up with so we can automate the process for you using REStake.
Can I stake with multiple validators simultaneously using Leap Wallet?
Absolutely! In fact, it’s a good idea to stake with more than one validator to hedge your risk of validator downtime or slashing.
What validator commission rates should I expect when staking FET?
Validator commission rates on Fetch.ai typically range between 5-10%, representing the percentage of your staking rewards the validator keeps for operating infrastructure. While lower commission rates may seem attractive, also evaluate validator performance metrics including uptime, voting power distribution, and community reputation. Professional validators like Atlas Staking use institutional-grade infrastructure and it’s expensive. However, a slightly higher commission from a reliable validator often yields better net returns than a low-commission operator with poor performance or security issues.
Is my FET safe while staked, or can I lose tokens?
Validators never have custody of your tokens. However, we can be penalized (slashed) for misbehavior like extended downtime or malicious actions, which could result in a small percentage loss of delegated tokens. This is why selecting reputable, professionally-managed validators is crucial.
Can I continue earning rewards if I want to add more FET to my existing stake?
Of course! That’s how the miracle of compounding works. Stake, claim, restake. Wash, rinse, repeat. The more often that happens, the quicker you acquire tokens. Remember, we can automate the process for you saving you tons of time and headache.
Nothing we say is financial advice or a recommendation to buy or sell anything. Cryptocurrency is a highly speculative asset class. Staking crypto tokens carries additional risks, including but not limited to smart-contract exploitation, poor validator performance or slashing, token price volatility, loss or theft, lockup periods, and illiquidity. Past performance is not indicative of future results. Never invest more than you can afford to lose. Additionally, the information contained in our articles, social media posts, emails, and on our website is not intended as, and shall not be understood or construed as financial advice. We are not attorneys, accountants, or financial advisors, nor are we holding ourselves out to be. The information contained in our articles, social media posts, emails, and on our website is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation. We have done our best to ensure that the information provided in our articles, social media posts, emails, and the resources on our website are accurate and provide valuable information. Regardless of anything to the contrary, nothing available in our articles, social media posts, website, or emails should be understood as a recommendation to buy or sell anything and make any investment or financial decisions without consulting with a financial professional to address your particular situation. Atlas Staking expressly recommends that you seek advice from a professional. Neither Atlas Staking nor any of its employees or owners shall be held liable or responsible for any errors or omissions in our articles, in our social media posts, in our emails, or on our website, or for any damage or financial losses you may suffer. The decisions you make belong to you and you only, so always Do Your Own Research.
