\nThree earning options, up to 10% APY, available globally at launch<\/i><\/p>
CHEYENNE, Wyo.--(BUSINESS WIRE)--Kraken is bringing AVAX staking and earning to its global client base (see exceptions below), making it simple for millions of customers to earn rewards on their Avalanche holdings through a platform built on security, scale, and reliability. Clients can start earning in a few clicks, with no technical setup or maintenance required.<\/p>
\nThe services are broken into three flavors. Bonded Staking offers rewards up to 10% APY for a limited time, then up to 7% APY. Auto Earn and Flexible Staking each offer up to 3.5% APY. Rewards are automatically restaked to help grow holdings over time.<\/p>
\nKraken manages all underlying infrastructure, including validator operations and reward distribution, backed by the platform's track record of operating staking services across proof-of-stake networks at scale.<\/p>
\n\u201cStaking AVAX has always been possible, but for most holders it's meant managing validators and technical complexity. We\u2019ve made it simple for clients to participate in protocol staking across various earn offerings,\u201d said John Zettler, Director of Earn Products at Kraken. \u201cKraken runs the infrastructure. Clients choose whether and how they want to earn.\"<\/p>
\n\u201cMaking staking simple and accessible is core to expanding participation in the Avalanche ecosystem,\u201d said John Nahas, Chief Business Officer at Ava Labs, the company dedicated to advancing the adoption and scalability of the Avalanche ecosystem. \u201cKraken\u2019s integration removes the technical barriers that have historically limited users from engaging directly with the network, enabling more AVAX holders to contribute to Avalanche\u2019s security while earning rewards. It\u2019s a meaningful step toward broader adoption of Avalanche.\u201d<\/p>
\nAVAX Earn is available globally at launch, including the U.S. (excluding New York and Maine residents), UK, EU, Canada, Australia, and additional markets.<\/p>
\nFor more information, please visit Kraken\u2019s support center<\/a>.<\/p> \nAbout Kraken:<\/b><\/p> \nFounded in 2011, Kraken is one of the world\u2019s longest-standing and most secure crypto platforms globally. Kraken clients trade more than 600 digital assets, traditional assets such as U.S. futures and U.S.-listed stocks and ETFs, and 6 different national currencies, including GBP, EUR, USD, CAD, CHF, and AUD. Trusted by millions of institutions, professional traders and consumers, Kraken is one of the fastest, most liquid and performant trading platforms available.<\/p> \nKraken\u2019s suite of products and services includes the Kraken App, Kraken Pro, the Krak App, Kraken Institutional, Kraken\u2019s onchain offerings and the Ninja Trader retail trading platform. Across these offerings, clients can buy, sell, stake, earn rewards, send and receive assets, custody holdings, and access advanced trading, derivatives, and portfolio management tools.<\/p> \nKraken has set the industry standard for transparency and client trust, and it was the first crypto platform to conduct Proof of Reserves. It complies with regulations and laws applicable to its business, while actively protecting client privacy and maintaining the highest security standards.<\/p>