Kraken has launched AVAX staking, allowing users to earn up to 10% APY on Avalanche’s native token. The move could support stronger user engagement on the exchange and broader ecosystem activity around Avalanche by making staking (locking crypto to earn rewards) more accessible. The source also notes that investors should balance the convenience of staking through a centralized platform against potential centralization risks, a common consideration when users delegate assets to custodial intermediaries rather than participating directly on-chain.