Mina Protocol Staking: Earn 10–13% APY

Q: Can MINA be staked?

Yes, it is possible to stake MINA coins . Mina Protocol blockchain uses a proof-of-stake consensus mechanism, which allows holders of MINA to earn rewards for participating in the network by holding and staking their coins. Staking involves holding MINA in a special wallet that is connected to the network and participating in the validation of transactions. Stakers receive rewards for their participation in MINA tokens.

Stake your Mina Protocol securely and earn 10–13% APY*

Staking your MINA allows you to passively earn rewards for helping to secure the network.

Through Auro Wallet, and by pairing it with your Ledger hardware wallet, you can easily and securely delegate MINA you want to stake.

Most staking platforms take custody of your MINA to stake it on your behalf. Ledger doesn't when you stake through Ledger Wallet. Your Mina Protocol stays on the blockchain, your private keys stay on your hardware device, and you earn 10–13% APY — without handing control to a third party*.

**Disclaimer: Crypto transaction services are provided by third-party providers. Ledger provides no advice or recommendations on use of these third-party services. Rewards and payout frequency are not guaranteed. Ledger does not provide any financial advice or recommendations.

Stake your Mina Protocol securely and earn 10–13% APY*

WHY STAKE YOUR MINA PROTOCOL?

Mina Protocol uses a Proof of Stake consensus mechanism. By staking your Mina Protocol, you actively contribute to network security and decentralization — and earn rewards in return.

Earn 10–13% APY*

Put your MINA to work through staking and get the chance to earn 10–13% a year*. Earning rewards every ~2–3 weeks, without selling a single token. The exact yield varies based on network conditions and your validator's commission rate.

Stake directly on-chain

By staking via Ledger Wallet*, your MINA participates directly in the Mina Protocol network. Not through a platform holding your assets on your behalf. You're staking, not lending.

Keep full custody

Your private keys are stored on your Ledger hardware device, not on a platform's server. When you delegate, you sign the transaction on your device. The validator participates in consensus on your behalf — but holds no keys and controls no assets. Your MINA stays on the Mina Protocol blockchain, associated with your address.

Why stake Mina Protocol (MINA) via Ledger Wallet

Cold staking security

Pairing your Ledger with a third-party wallet, allow you to grow your MINA bag securely. Your private keys are stored on a dedicated hardware device, offline and physically separate from your computer*.

Ownership

Keep full custody of your assets when you stake MINA with the Auro Wallet, unlike with crypto exchanges.

Your validator, your choice

Compare commission rates, uptime history, and track records, then delegate to whichever validator meets your criteria*. Your delegation isn't tied to a single option; you can review and switch as conditions change.

Stake Mina Protocol and earn 10–13% APY*

When you delegate your Mina Protocol to a validator via the Ledger Wallet app, that validator participates in securing the Mina Protocol blockchain. The Mina Protocol protocol distributes block rewards to validators in return — a portion of which is passed on to delegators proportional to their stake, minus the validator's commission rate.

The current estimated annual yield for Mina Protocol staking is approximately 10–13%. This figure varies with network participation levels and your chosen validator's commission. Rewards are credited every ~2–3 weeks. When comparing validators, the key variables are commission rate, uptime history, and total stake. On some networks, an over-staked validator can dilute individual rewards.

You can un-delegate your Mina Protocol at any time through the Ledger Wallet app. Most networks apply an un-bonding period after un-delegation — a set number of days during which your MINA cannot be transferred and does not accrue rewards. On networks where slashing is active, a validator misbehaving can result in a partial loss of delegated funds: another reason to choose your validator carefully.

Estimate Mina Protocol staking rewards

HOW DOES LEDGER'S SOLUTION WORK?

Get your device

A hardware wallet

that offers the best security for your crypto and NFTs - your assets always remain safe.

An app

to manage your crypto and access key services: buy, swap or grow your assets. Securely thanks to your hardware wallet.

Get your device

5 STEPS FOR STAKING MINA SECURELY

Buy a Ledger hardware wallet

A Ledger hardware device does two things: it stores your private keys on dedicated offline hardware, and it physically signs every transaction. No action, staking or otherwise, can proceed without your confirmation on the device itself.

Buy your hardware wallet

Set up your device and install the Mina app

Connect and unlock your Ledger device.

Follow the setup steps.

On Ledger Wallet, go to "My Ledger" and install the Mina app.

Install Mina app on Ledger

Create an Auro Wallet

Go to Auro Wallet official website and download the browser extension.

Open the extension and select Create Wallet.

Review the Terms and conditions then create and confirm your password.

Back up your 12-word mnemonic phrase then select Next.

Confirm your phrase then select Confirmed backup.

Download and install Auro Wallet

Connect your Ledger to Auro Wallet

Click the Wallet icon, select Ledger and open the Mina app on your Ledger.

On Auro Wallet click "Import". Your Ledger device will prompt you to generate an address.

On your Ledger device, scroll right using the buttons and select Generate.

Scroll right then approve the address on the device.

Use Auro Wallet with Ledger

Start staking Mina Protocol

On Auro wallet, click “Staking” and then “Go to Staking”.

Choose a block producer. You can check the information of block producers (i.e. validators) on the Leaderboard.

Once you have chosen a block producer, confirm the transactions in your wallet.

Stake MINA now

LEDGER LIVE

Other crypto to stake with Ledger

Tezos

XTZ

Casper Network

CSPR

Internet Computer

ICP

NEO

Solana*

SOL

ATOM*

ATOM

EOS

Hedera

HBAR

CARDANO

ADA

EGLD*

EGLD

Stacks

STX

NEAR*

NEAR

Tron

TRX

MANTRA

Oasis Network

ROSE

Osmosis*

OSMO

Avalanche

AVAX

Kusama

KSM

Algorand

ALGO

dYdX

DYDX

Polkadot

DOT

Axelar

AXL

Cronos

CRO

Ethereum

ETH

See all coins supported

*Ledger validator node available

Want to learn more about staking?

We answer all the basic questions you might have in our Ledger academy: What is staking? What’s the difference between Proof-of-Stake and Proof-of-Work? What is a validator?

You can also take a look at our School of Block series on Youtube to learn how to get started in staking and make your money work for you.

Visit our Ledger Academy

What is staking

Read the article

School Of Block

See our episode about staking

What is proof of stake

Read the article

Frequently Asked Questions

Can MINA be staked?

Yes, it is possible to stake MINA coins. Mina Protocol blockchain uses a proof-of-stake consensus mechanism, which allows holders of MINA to earn rewards for participating in the network by holding and staking their coins.

Staking involves holding MINA in a special wallet that is connected to the network and participating in the validation of transactions.
Stakers receive rewards for their participation in MINA tokens.

What is the difference between staking with Ledger and staking on an exchange?

When you stake through a centralised exchange, the exchange holds the private keys to your assets on your behalf. With Ledger, your private keys are stored on your hardware device*. You interact with validators and services through the Ledger Wallet app, but the keys, and therefore control of your assets, remain with you.

Do I need to keep my Ledger device connected to earn staking rewards?

No. Your Ledger device is only needed when signing a transaction, such as when you initially delegate, switch validator, or un-delegate. Once your stake is active on the blockchain, any potential rewards accumulate without any action required from your device.

What happens if I lose my Ledger device?

Your assets are on the blockchain, not stored on the device itself. Your Ledger can be recovered using your secret recovery phrase, a set of words generated when you first set up the device. With your recovery phrase, you can restore access to your accounts on a new Ledger device. Keeping that phrase secure and offline is essential.

What are the risks of staking Mina Protocol?

Staking Mina Protocol carries two main risks. First, market risk: the value of your MINA may change during the staking or un-bonding period. Second, on networks where it applies, slashing risk: if a validator misbehaves, delegators can lose a portion of their staked assets. You can reduce slashing risk by choosing a reputable, well-established validator available via the Ledger Wallet app.