How LYX Liquid Staking Works
When you stake LYX with Stakingverse, your coins are deposited into a non-custodial smart-contract vault. The vault contract was originally built by Universal Page, one of the most established projects in the LUKSO ecosystem, and has been audited multiple times.
Deposits are pooled to activate new validators, which Stakingverse operates across multiple secure data centers. The rewards those validators earn flow back into the vault and are automatically re-staked, so your position compounds without any manual claiming.
Your stake stays liquid too: you can receive sLYX, a liquid staking token that represents your staked position and can be used across DeFi. Learn more on our LUKSO liquid staking and sLYX page, or compare all options on the staking pools page.
How to Stake LYX (Step by Step)
- Connect your wallet. Open app.stakingverse.io and connect with the Universal Profile browser extension, MetaMask or another popular browser wallet — hardware wallets are supported as well.
- Choose your amount. There is no minimum: enter how much LYX you want to stake. You are interacting with a smart contract, just like with any other dApp.
- Sign the transaction. Confirm the deposit in your wallet. Your LYX starts earning staking rewards, and you can follow your balance in the app at any time.
Fees
Stakingverse takes a percentage of your staking rewards as its fee — the fee never comes from your staked LYX. The APY displayed is calculated after fees, so what you see is what you actually receive. You can view the current fee in the app at app.stakingverse.io, and read more about how rewards and fees work in our staking FAQ.
Security & Audits
The Stakingverse vault and liquid staking contracts have been audited multiple times by independent reviewers, and the contracts are non-custodial: only the depositor can withdraw their coins. Read the full breakdown on our security and audits page, or go straight to the audit reports in our documentation.
Pool Staking vs Running Your Own Validator
| Stakingverse Pool | Your Own Validator | |
|---|---|---|
| Minimum amount | Any amount of LYX | 32 LYX per validator |
| Hardware | None — validators run on our infrastructure | Dedicated machine, running 24/7 |
| Effort | Deposit once, rewards auto-compound | Setup, updates, monitoring and maintenance |
| Liquidity | Withdraw anytime; sLYX stays liquid in DeFi | Exit a full validator to unstake |
Want to run your own node instead? Our team offers white-glove validator node setup and consultation services for LUKSO and Ethereum.
LYX Staking FAQs
The APY is variable and set by the LUKSO network, not by Stakingverse. It depends on the total number of validators and on network activity: more validators lower the APY, more gas spent on the network raises it. The current APY is always displayed live at app.stakingverse.io.
No. Running your own validator requires 32 LYX, but the Stakingverse pool has no minimum — you can stake any amount of LYX. Your deposit is combined with other stakers' deposits to activate new validators.
Yes. You can connect with the Universal Profile browser extension, MetaMask or most popular browser wallets, including hardware wallets. You interact with the staking vault the same way you would with any other dApp.
Yes. Your LYX is deposited into a smart contract, and only the depositing wallet can withdraw it. Stakingverse operates the validators but can never access or move your staked LYX. This also means you remain responsible for your own wallet and keys.
Rewards earned by the pool's validators flow back into the vault, where they are automatically re-staked to activate additional validators. Your position grows without you needing to claim or restake anything manually.
Small withdrawals can often be served immediately from LYX sitting in the pool. Larger withdrawals enter the validator exit queue, which is usually fast but can take longer when the queue is busy or when large amounts are being withdrawn.
More questions? Browse the full staking FAQ.
