How to stake Secret Network: A guide to staking SCRT

Staking SCRT allows you to put your crypto to work while helping secure the underlying Proof-of-Stake (PoS) blockchain. In return for participating in the network's transaction validation process, you can earn rewards.

This guide explains how to stake SCRT, how staking works, potential rewards and risks, and how to get started with Kraken.

If you are new to staking and want to learn more about how it works before you get started, check our Kraken Learn articles for all the details you need to know about crypto staking.

Crypto staking allows holders of specific cryptocurrencies, such as SCRT, to earn rewards for helping to validate blocks of transaction data as they are submitted to the blockchain network.

When you stake SCRT, your assets play a critical role in:

• Securing the network

• Validating transactions

• Maintaining blockchain integrity
  

In return for dedicating your assets to securing the blockchain, the network distributes staking rewards automatically.

Unlike (used in systems), staking doesn't require specialized hardware or high energy consumption. Instead, it relies on validators who commit digital assets to the network.

Check out our video below for a complete overview of how staking works.

While the technical details can vary depending on the blockchain network, staking typically follows this general structure:

1. Assets are committed (staked) to the network

2. Validators who have committed these assets are selected to confirm transactions and create new blocks

3. Rewards are distributed based on network rules

Some networks require a minimum amount of SCRT to run your own validator. Others allow for delegation, meaning you can participate without running infrastructure yourself.

But rest assured, when you stake through Kraken, we handle the technical setup, network operations and security measures, making the staking process simple, accessible and secure.

Although the technical aspects of how staking actual work across blockchain networks can seem complicated, Kraken manages all these details for you and makes it easy to earn staking rewards on your Secret Network.

Here's a step-by-step overview of how to stake Secret Network on Kraken:

1. Create and verify your Kraken account

Sign up for a Kraken account and verify your identity.

2. Deposit or buy SCRT

Transfer SCRT to your Kraken account or purchase it directly using our flexible payment methods.

3. Navigate to staking

Go to the Earn or Staking section of your Kraken dashboard.

4. Choose the amount to stake

Select how much SCRT you want to stake.

5. Confirm and start earning

Once confirmed, your SCRT will begin participating in the network's staking process, and you'll start earning rewards according to network rules and conditions.

Secret Network staking rewards vary based on several factors including:

• Network conditions

• Validator performance

• Protocol-level reward rates

• Total amount staked across the network

On Kraken, staking rewards are expressed as an annual percentage yield (APY), but actual returns can fluctuate. Reward rates on Kraken are always transparently displayed so you can make informed decisions that align with your strategy.

can offer several potential advantages:

• Earn passive rewards on assets you plan to hold

• Support network security and decentralization

• Avoid the complexity of running a validator node

• Participate in blockchain governance (on supported networks)

For long-term asset holders, staking can be a way to generate yield while maintaining exposure to the asset.

Like all crypto activities, staking carries risks. These may include:

• Market volatility — The value of SCRT can rise or fall

• Protocol risks — Bugs or network-level issues could affect staking

• Unbonding periods — You may need to wait before withdrawing staked assets

• Lock-up periods — Some networks require assets to be staked for a fixed period

Kraken employs industry-leading security practices, but clients should always do their own research and understand the risks before staking. Read our dedicated article to learn more about whether crypto staking is safe.

Kraken offers a simple, secure and accessible way to stake SCRT. When you stake SCRT with Kraken, you benefit from:

• Enterprise-grade security

• Professional validator infrastructure

• A streamlined user experience

• Transparent reward rates

• 24/7 global support

You keep ownership of your assets while Kraken handles the technical complexity of maintaining a Secret Network validator network.

If you've been searching for how to stake Secret Network, staking through Kraken offers a simple way to participate.

Create your account, stake your SCRT, and start earning rewards.