Stake Monad with Kiln, enterprise-grade staking

Monad

Edgar Roth, Protocol Specialist
August 26, 2024

* Gross Reward Rate (GRR) may change over time and vary depending on the open source blockchain protocol code. In addition, fees might be deducted from the gross effective rewards earned.

What is Monad?

Monad is a blockchain platform crafted as an Ethereum Virtual Machine (EVM)-compatible Layer 1 scaling solution. It provides complete compatibility with the EVM, enabling users and developers to interact with existing applications within the Ethereum ecosystem effortlessly. Monad is built with a strong emphasis on scalability and decentralization, capable of processing up to 10,000 transactions per second.

What is staking?

Proof-of-Stake protocols use staking to create consensus. By locking native tokens into a validator - or indexers on Monad blockchain -, you earn the right to secure a chain and earn rewards on your stake. Due to its environmental efficiency, staking has overtaken mining and is used far more often in newer protocols. 

By locking a protocol’s native tokens to give “validators” the right to secure a chain. Validators propose new blocks or attest other validators’ blocks, gaining rewards for doing so.

Why should you stake your assets?

Staking is one of the safest and most predictable ways to get rewarded in the crypto space as the value originates from the blockchain’s native currency inflation, and a share of transaction fees. You help secure the network and earn rewards by staking your Monad coin.

If you do not stake, your assets token share will be diluted among other people’s tokens that are being staked and accumulating new tokens into the network.

You can stake your Monad coin as well as other (d)PoS cryptocurrencies to:
  • 1
    Put your treasury to work
  • 2
    Diversify and earn
  • 3
    Bring new opportunities by enabling your users to earn staking rewards

How to stake Monad with Kiln?

Kiln validator address coming soon.

Monad hasn't reach mainnet yet, reach out to us if you're interested to stake Monad coin with Kiln at mainnet launch.

What are the rewards associated with staking Monad coin?

GRR data is pending mainnet activation. Stay tuned.

Why should you stake your Monad coin with Kiln?

Kiln is the leading enterprise-grade staking platform, enabling institutional customers to stake Monad coin, and to whitelabel Monad staking functionality into their offering. Our platform is API-first and enables fully automated validators, rewards, data and commission management.

We are serving thousands of businesses worldwide so that everyone can securely and seamlessly. Our clients can stake their tokens from our dashboard, a hardware wallet, a browser wallet, a B2B Custodian, a crypto exchange or just their favorite investment app. Kiln makes staking Monad easy, secure, and accessible to everyone.

  • Excellent track record in staking on 25+ protocols, managing more than $8B in stakes.
  • Trusted by industry leaders such as Ledger, Lido, Coinbase Cloud, Bitpanda, Crypto.com and many more!
  • Non-custodial, work with your existing custodians solutions e.g. Fireblocks
  • SOC 2 Type II certified and Industry leading SLAs (0 penalties recorded and 99.95% effective uptime)

How to stake Monad with Kiln?

Kiln validator address coming soon.

Monad hasn't reach mainnet yet, reach out to us if you're interested to stake Monad coin with Kiln at mainnet launch.

What are the rewards associated with staking Monad coin?

GRR data is pending mainnet activation. Stay tuned.

Why should you stake your Monad coin with Kiln?

Kiln is the leading enterprise-grade staking platform, enabling institutional customers to stake Monad coin, and to whitelabel Monad staking functionality into their offering. Our platform is API-first and enables fully automated validators, rewards, data and commission management.

We are serving thousands of businesses worldwide so that everyone can securely and seamlessly. Our clients can stake their tokens from our dashboard, a hardware wallet, a browser wallet, a B2B Custodian, a crypto exchange or just their favorite investment app. Kiln makes staking Monad easy, secure, and accessible to everyone.

  • Excellent track record in staking on 25+ protocols, managing more than $8B in stakes.
  • Trusted by industry leaders such as Ledger, Lido, Coinbase Cloud, Bitpanda, Crypto.com and many more!
  • Non-custodial, work with your existing custodians solutions e.g. Fireblocks
  • SOC 2 Type II certified and Industry leading SLAs (0 penalties recorded and 99.95% effective uptime)

Protocol Card

Token
Monad coin
GRR
Pending mainnet
Number of live validators
Pending mainnet
Consensus
PoS
Edgar Roth, Protocol Specialist
August 26, 2024

* Gross Reward Rate (GRR) may change over time and vary depending on the open source blockchain protocol code. In addition, fees might be deducted from the gross effective rewards earned.