We’re excited to announce the launch of a new feature that gives Crypto.com App and Crypto.com Exchange users another way to receive rewards — DeFi Staking!
What is DeFi Staking?
DeFi Staking is a pass-through service which provides users with a simple way to access DeFi yield generated from DeFi protocols. Crypto.com users can participate in DeFi protocols to receive up to 34.99% in rewards with no staking limits.
Users can lock up tokens in DeFi protocol vaults for a fixed period to support the network’s operations. In return, they receive periodic rewards proportionate to the amount of tokens they have staked, according to the reward rate prescribed by the DeFi protocol.
The feature currently supports CorgiAI (CORGIAI) and Minted (MTD), with VVS Finance (VVS), Ferro (FER), Tectonic (TONIC), and more DeFi protocols to come.
How It Works
- Stake Your Tokens: Access DeFi Staking in one of the two ways stated below.
- Crypto.com App: Go to to Earn > DeFi Yield > DeFi Staking
- Crypto.com Exchange web: From the top navigation bar, go to Yield > Staking > DeFi
Then, select the Staking Token, Staking Term, and Staking Amount, read and accept the Terms and Conditions, and confirm your stake.
- Get Rewarded: Rewards are distributed up to three times per week, as determined by the DeFi protocol. Please note that you cannot unstake during the Staking Term.
- Unstake Your Tokens: After the Staking Term ends, your staked tokens will automatically be credited back to your Crypto Wallet in the App and Wallet in the Exchange.
DeFi Staking is available to users via the Crypto.com App and Crypto.com Exchange Web in selected jurisdictions.
For more information, visit the various Help Centres for DeFi Staking on the Crypto.com App and Crypto.com Exchange.
Not a Crypto.com App user? Download the Crypto.com App now to start staking.
