Kraken has introduced Avalanche (AVAX) staking with three product tiers offering up to 10% APY during a promotional period, which will later settle at 7% APY. The staking options include Bonded Staking, Auto Earn, and Flexible Staking, all featuring automatic reward compounding. This service is available globally except for some US states and certain countries. The launch provides AVAX holders on Kraken a new way to earn passive income, though investors should consider the risks of exchange-based staking and plan for the post-promo 7% rate as the baseline.
CME Group has introduced new futures contracts for Avalanche (AVAX) and Sui (SUI), broadening the range of regulated crypto derivatives beyond Bitcoin and Ethereum to include high-throughput layer-1 tokens. These contracts come in standard and micro ...
Kraken introduced several Avalanche (AVAX) staking products including bonded staking with up to 10% APY initially, flexible staking, and an Auto Earn option that automatically restakes rewards. This move highlights a trend where crypto exchanges are ...
Kraken introduced AVAX staking on May 21, offering three options: Bonded Staking with a promotional 10% APY (dropping to 7% after the introductory period), Auto Earn, and Flexible Staking each up to 3.5% APY. The platform manages all validator operat...
