Staking Chiliz is your chance to be part of a fast-growing Web3 world built around sports and entertainment. The Chiliz Chain connects global sports brands, fans, and creators in one secure blockchain network. It’s designed to give you a stake in the future of fan engagement, where your support helps power a decentralised ecosystem.
At the heart of this network lies CHZ, the native token that fuels every transaction and activity on the Chiliz Chain. Just like ETH runs on Ethereum, CHZ drives the Chiliz ecosystem. You can use it to pay gas fees, move assets between chains, and most importantly, stake it to support the network.
When you stake CHZ, you’re not only helping secure the blockchain but also earning rewards in return. The more you stake, the more you contribute to maintaining its integrity and stability, while unlocking exciting earning opportunities in the process.
How to Stake Chiliz (CHZ)?
Staking Chiliz (CHZ) allows you to support the Chiliz Chain network while earning potential rewards. The process involves connecting your wallet, selecting a validator, and delegating your CHZ tokens securely. Follow the steps below to understand how to stake your CHZ efficiently through the Chiliz Staking platform.
Connect to the Chiliz Staking Platform
Before you begin staking, connect your preferred wallet to the official Chiliz Staking website.
Access the Platform
Start by visiting the Chiliz Staking website. Once there, locate and select the “Connect Wallet” option. You’ll see two network options; choose “Chiliz Chain”. The Spicy option refers to the testnet, so ensure you select the main Chiliz Chain for live staking.
Connect Your MetaMask Wallet
If you’re using MetaMask, open your wallet and select the account you want to connect to.
- Click “Next”, then “Connect.”
- Once connected, the Chiliz Staking dashboard will appear.
This dashboard displays your wallet balance, staking options, and validator information. You’re now ready to delegate your CHZ to a validator.
Choose a Validator for Staking
Selecting the right validator is crucial for maximising your staking rewards and ensuring network stability.
Key Factors to Consider
When deciding which validator to delegate to, consider the following points:
- Reputation: Check the validator’s performance history and reliability.
- Commission Rate: Review how much the validator charges as a fee for maintaining the node. Lower rates often mean higher returns for you.
- Voting Power: Understand that this represents a validator’s influence on the Chiliz Chain. A higher voting power indicates strong network participation and stability.
Understanding Validator Commission
The validator commission rate refers to the portion of rewards retained by the validator. For example, if the reward pool is 20 CHZ and the validator takes a 10% commission, 2 CHZ goes to the validator while the remaining 18 CHZ is shared among delegators.
Choosing a validator with a lower commission rate can increase your potential earnings.
Delegate Your CHZ Tokens
After selecting a validator, delegate your CHZ to begin staking.
Enter Delegation Details
- On the staking page, click “Delegate.”
- A form will appear where you can enter the number of CHZ you wish to stake. The minimum delegation amount is 0.01 CHZ.
- Double-check your chosen validator before proceeding.
Confirm the Transaction
- Open MetaMask to verify the transaction details.
- Click “Confirm” to finalise your delegation.
- You’ll receive an on-screen confirmation message on the Chiliz dashboard.
You can view your Delegate transaction details, including timestamps and transaction IDs, directly within MetaMask or the Chiliz dashboard.
Track Your Staking Status
Once your delegation is complete, the staking dashboard will show your active delegations, rewards, and validator performance. You can monitor your rewards over time and adjust your delegation if needed. This transparency ensures full control over your CHZ staking journey while supporting the Chiliz Chain ecosystem effectively.
Popular Video Guides on Staking Chiliz (CHZ)
Best Places to Stake Chiliz (CHZ)
Here’s where you can stake your Chiliz tokens easily:
The Chiliz website functions as the official gateway to staking on the Chiliz Chain and offers a structured environment for users who want to stake CHZ directly with network validators. It provides transparent validator data, real-time staking metrics, and clear reward distribution details, allowing users to make informed decisions. The platform also supports seamless delegation, efficient reward tracking, and a security-focused framework that helps users participate confidently in the Chiliz ecosystem.
Pros:
- Offers direct access to verified validators on the Chiliz Chain.
- Displays clear staking metrics that help users assess potential rewards.
- Allows simple and quick delegation steps for CHZ holders.
- Provides real-time updates that help users track staking performance.
- Maintains a transparent interface that supports informed decision-making.
Cons:
- Requires users to manage their own wallets for staking.
- Offers fewer additional features compared to large exchanges.
- May feel complex for users who prefer a simplified staking dashboard.
- Limits staking options to the Chiliz network only.
Kraken stands as a well-established global cryptocurrency exchange that offers secure trading, staking, and yield-earning solutions. The platform supports Chiliz (CHZ) staking with predictable rewards and flexible staking options. Kraken runs on a strong security framework, advanced fund management tools, and high liquidity across major markets. Its clean interface, swift transaction processing, and transparent reward structure give both new and experienced users a reliable way to grow their crypto holdings without complications.
Pros:
- Offers flexible staking options for Chiliz (CHZ) with consistent returns.
- Provides a secure environment through strong authentication and monitoring tools.
- Delivers a smooth staking experience with an intuitive dashboard.
- Supports a wide range of digital assets alongside CHZ staking.
- Gives users clear insights into earnings and reward timelines.
Cons:
- Staking rewards may vary based on market conditions.
- Certain regions may not access all staking features.
- Unstaking periods can feel restrictive for short-term users.
Bybit is a global digital asset platform that offers advanced trading tools, strong liquidity, and a wide range of supported cryptocurrencies. The exchange provides reliable staking features, including staking options for Chiliz (CHZ) with stable returns. It delivers a smooth user experience through intuitive design, efficient performance, and strong security practices. Traders and stakers gain access to flexible earning opportunities while managing their assets through a secure and easy-to-navigate interface.
Pros:
- Offers CHZ staking with an APY that helps users grow holdings steadily.
- Provides a smooth staking experience through a clean and responsive interface.
- Uses strong security measures to protect users who stake their assets.
- Supports a variety of digital assets, giving users multiple earning choices.
- Delivers quick access to staking rewards without complicated steps.
Cons:
- Offers fewer long-term staking plans compared to some platforms.
- Updates to staking rates can change user expectations frequently.
- Regional rules may limit staking access for some users.
Benefits of Staking Chiliz (CHZ)
Staking Chiliz (CHZ) gives crypto holders an exciting way to earn rewards while supporting the growth of the entire Chiliz ecosystem. As the native token of the SportFi and fan-token network, CHZ allows you to actively participate in network operations, gain exclusive perks, and help strengthen decentralisation. Staking doesn’t just bring financial benefits, it also deepens your involvement in a rapidly expanding blockchain sports economy.
Access to Ecosystem Perks
When you stake CHZ, you open the door to several community and ecosystem benefits. Many staking programs offer access to exclusive airdrops, fan-token events, or early participation in sports and entertainment campaigns. Some platforms even provide rewards like VIP experiences or priority access to new fan-token launches, depending on the provider’s terms.
Earn Regular Staking Rewards
Staking your CHZ tokens allows you to earn additional CHZ as rewards for contributing to the network’s growth and operation. The longer you keep your tokens staked, the more rewards you accumulate. This provides a steady stream of passive income for holders who wish to grow their CHZ balance without active trading.
Strengthen Network Security and Decentralisation
By staking CHZ, you play a direct role in securing the Chiliz Chain. The more tokens users stake, the stronger and more decentralised the network becomes. Your staked CHZ supports validators responsible for verifying transactions and producing new blocks, ensuring the blockchain remains stable and secure.
Participate in Network Validation
Staking also lets you participate in the network’s validation process. Depending on your stake size and network rules, you can delegate your tokens to validators or directly help validate transactions. This process gives you influence over how the network operates and which validators get selected to produce blocks.
Multiple Staking Options
You can choose from several staking methods when participating in the Chiliz network. Some users prefer on-chain staking by delegating directly to validators, while others use custodial platforms or exchanges that offer CHZ staking. Each option may have different reward rates, lock-up periods, and conditions, allowing you to pick the one that best suits your goals and risk comfort.
Frequently Asked Questions
What Does Staking CHZ Actually Involve?
Staking CHZ means locking up your CHZ tokens on the Chiliz Chain to support the network’s consensus mechanism. You become a delegator by choosing a validator and delegating your CHZ to it. In return, you earn rewards as the network rewards validators, and part of their reward is shared with you for contributing your tokens and network support.
How Do I Choose A Validator For My CHZ Stake?
When choosing a validator for your CHZ stake, you should consider their reputation, commission rate, and voting power. A validator’s commission dictates how much they keep from the rewards, while voting power signals stability. Although higher voting power doesn’t guarantee higher returns, it can indicate reliability. Ultimately, you must pick one you trust and whose terms you accept.
What Is The Minimum Amount Of CHZ Needed To Start Staking?
The minimum amount to begin staking CHZ is very low; you need only a small fraction of a token (the docs indicate at least 0.01 CHZ) in order to delegate to a validator. This means almost any holder can join in and start earning rewards, making staking accessible for a wide range of users.
When Do Rewards Begin To Accrue After I Delegate My CHZ?
Once you delegate your CHZ to a validator, your rewards start accruing almost immediately and are reflected on the staking dashboard daily. Although technically rewards come with each block, the interface updates once per epoch (roughly 24 hours), so you will see your stake increase over that time period.
How And When Can I Claim My Staking Rewards?
To claim your staking rewards, you must first request to undelegate your CHZ. After the undelegation, you face a “cooling period” (roughly up to 3 days) before you can claim the tokens. Only once that period ends will your CHZ become available for you to withdraw or move.
Are My Earned Rewards Automatically Added To My Stake?
Yes, the staking system adds your earned rewards to your staked CHZ automatically, meaning your stake grows and your future rewards may increase accordingly. This process is called compounding: you stake your original tokens, earn rewards, they get added back, and you continue earning on the larger amount.
Can I Use A Hardware Wallet Like Ledger To Stake CHZ?
Yes, you can stake CHZ using a hardware wallet such as a Ledger device. You connect your wallet to the staking dashboard on the Chiliz governance site, delegate your CHZ to a validator, and your hardware wallet remains in control of your keys. This offers an extra layer of security while participating in staking.
Do Commission Fees From Validators Reduce My Reported APR?
The commission rate taken by the validator is not separately shown in the APR figure on the staking site; instead, the validator’s fee is deducted from the reward pool prior to distribution. So the APR you see is after fees have effectively been subtracted, but the fee isn’t broken out as a separate line item.
What Risks Should I Be Aware Of When Staking My CHZ?
One of the key risks when staking CHZ is if your chosen validator goes offline for over 12 hours: in that case, the epoch’s reward might be penalised and the validator could remove their stake, ending further rewards. While your CHZ remains delegable and you can undelegate at will, validator performance affects your returns.
