Kraken Pro launches AVAX staking with up to 10% APY

The new offering lets users earn rewards through bonded staking with auto-compounding, expanding access to Avalanche token yield without requiring technical setup.

AVAX

Summary

Kraken Pro has added AVAX staking, giving users a way to earn up to 10% APY by participating in bonded staking (locking tokens to support network validation). The product includes auto-compounding, which automatically reinvests rewards, and is designed to work without any technical setup. The launch broadens access to yield on Avalanche’s native token for users who want staking exposure without running validator infrastructure themselves.

Terms & Concepts
  • AVAX staking: Locking Avalanche tokens to earn network rewards.
  • bonded staking: Tokens are locked for staking rewards and network participation.
  • auto-compounding: Automatically reinvesting rewards to increase returns over time.