MON staking is live globally at up to 12% APY

Kraken announced the global rollout of MON staking, enabling users to earn rewards on their holdings while supporting the Monad network. The service requires no technical setup or maintenance, making it accessible to all eligible clients. Two staking options are available: Bonded Staking with up to 12% APY and a 6-12 hour unbonding period, and Auto Earn with up to 6% APY that activates automatically on eligible balances. Rewards are compounded automatically to grow holdings over time.

The platform manages all underlying infrastructure, including validator operations and reward distribution, leveraging Kraken’s experience with proof-of-stake networks. Users are not required to handle validator operations, seed phrases, or other technical tasks. The service is designed to simplify staking, allowing users to earn rewards with minimal effort. MON Earn is available globally, excluding New York and Maine residents in the US, as well as UK, EU, and Canadian markets.

Bonded Staking offers the highest headline rate of up to 12% APY, with rewards distributed based on network participation and staking duration. The 6-12 hour unbonding period applies when users choose to unstake their MON. Auto Earn provides a lower but automatic reward rate of up to 6% APY, activated immediately on eligible balances without any user action required. Both options aim to maximize returns while minimizing user involvement.

Kraken emphasized that staking should be a default option for users, not an additional task requiring technical expertise. The launch follows Kraken’s track record of operating staking services across multiple proof-of-stake networks at scale. Users can start earning rewards in a few clicks, with all infrastructure and reward management handled by Kraken. The service is now live for eligible clients worldwide, excluding specific regional restrictions.