MAXIMIZE YIELD BY COMPOUNDING

AUTOMATED RESTAKING

CRYPTO STAKING BASICS

PROOF OF STAKE CRYPTO

Proof of Stake crypto offers the opportunity to support the network and get paid for doing so. The network becomes more secure as more and more tokens are staked. Staking yields are generally higher than what you may find in traditional financial instruments, so it can be an excellent long-term strategy for building wealth, assuming you pick the right projects and tokens.

Restaking means two different things:
1) Restaking your rewards to compound your staking yield and overall return
2) Using your staked tokens to secure additional protocols and networks, like Bitcoin staking on Babylon Network.

Here we focus on automated compounding of your staking rewards. It’s one of the simplest ways to increase your overall staking yield.

Staking your tokens with decentralized infrastructure providers, like Atlas Staking, is a noncustodial solution.

The Cosmos ecosystem uses authz grants that can provide validators with the ability to claim and restake your tokens for you. You can easily revoke authz permissions in-wallet. 

Auto-compounding platforms, like REStake use these authz grants and they allow your chosen validator to compound your staking rewards.

This continual compounding allows you to get the highest staking rewards possible. Just the single strategy of compounding staking rewards can make an enormous difference to your portfolio and financial position over time.

Our REStake integration adds time back to your life by automatically claiming and restaking your crypto rewards. Plus, we pay the transaction fees for you!

So, as one of our Cosmos delegators you will get the highest yield with zero effort.

COSMOS ECOSYSTEM

COSMOS STAKING

Staking generally involves a lockup period, so it’s not meant for funds you will need immediate access to. That lockup period is also referred to as an unbonding period and for most Cosmos chains it’s 21 days. When you decide to unstake your tokens 21 days must pass before you can move them from your address to any other wallet address.

Despite the 21-day unbonding period, Cosmos has the best user experience in all of crypto. Wallets like Leap, Keplr, and Cosmostation make it simple. Plus, transactions are fast and inexpensive. 

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FREQUENTLY ASKED QUESTIONS

Generally speaking, yes you have to manually claim your staking rewards. Innovations like REStake however, automate the process.

Cosmos chains use what are called, authz grants to process transactions and move tokens from one place to another. The authz grants REStake uses are limited to msgClaim and msgStake. That means that the only powers you have granted to any validator are to claim rewards to your wallet address and stake rewards from your wallet address. 

REStake is generally considered to be safe, but always Do Your Own Research. Atlas Staking is not responsible for any financial decisions you make or any losses you may incur. REStake uses two authz grants that you approve in your wallet. You grant your validator the right to claim your rewards to your wallet address (msgClaim) and stake the tokens from your wallet address (msgsStake). The authz permission you want to look out for and avoid would be msgSend. That’s BAD. That would grant another the right to send tokens from your wallet address, which is not something REStake offers.

Always consult your local jurisdiction’s rules and a tax professional. In the United States staking rewards are taxable as portfolio income, just like a stock dividend. We really like the platform, Koinly to keep track of your crypto transactions for tax purposes. Koinly automatically pulls transactions in from the blockchain with the click of a button and is free to use until you generate a report, so check it out. 

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.