How to stake Flare

Flare (FLR) is an EVM-based layer 1 blockchain that stands out because it does more than just process transactions. It gives developers decentralised access to secure data from other blockchains and even the internet. This makes it possible to build apps that can work across multiple chains, opening up new use cases and earning opportunities. 

By staking FLR, you are not only helping to protect the network but also powering Flare’s unique role as a blockchain for reliable, trustless data. Unlike regular staking on other networks, Flare staking has an extra layer of importance. Validators on Flare don’t just validate transactions; they also deliver decentralised data through Flare’s enshrined oracles. 

When you lock your FLR with a validator, you strengthen both network security and the flow of high-quality data. You can either self-bond if you run a node, or delegate your tokens if you don’t. With a minimum of 50,000 FLR and a lock period of at least 14 days, staking becomes a direct way to earn rewards while supporting the growth of Flare.

How to Stake Flare (FLR)?

Staking Flare offers investors the opportunity to participate in the network while earning rewards. You can stake FLR either through the official Flare portal or by using centralised exchanges. Below is a detailed, step-by-step guide for both methods.

Staking Through the Official Flare Portal

The official portal provides a secure way to stake FLR directly on the network. Follow these steps to get started.

Visit the Flare Portal

Start by heading to portal.flare.network. This portal is the gateway for staking your FLR securely on the Flare network.

Select the Staking Tab

Once inside the portal, navigate to the Staking tab. This section allows you to manage your staking activities.

Connect Your Wallet

Click Connect to Wallet in the top-right corner. Approve the connection request so the portal can interact with your wallet.

Approve HID Device Connection

When your browser prompts you to connect to a HID device, select Connect. This ensures the portal securely communicates with your wallet.

Deposit Available Funds

Next to the Available funds section, click Deposit. This step prepares your FLR tokens for staking.

Enter Deposit Amount

Enter the amount of FLR you wish to deposit for staking, then confirm the action. Ensure your wallet contains sufficient tokens for this step.

Approve the Transaction

Your wallet will prompt you to approve the deposit transaction. Confirm this so your funds can be transferred into the staking account.

Specify Stake Amount

Once your deposit confirms, enter the number of FLR you want to stake from your staking account. Note that the minimum stake requirement is 50,000 FLR.

Select Validator Node

Choose the Validator node option to delegate your stake. Validators play a crucial role in transaction validation, so select carefully.

Set Staking Duration

Select the Stake until time option. The minimum staking period is 14 days, but you may choose a longer timeframe if desired.

Confirm the Staking Transaction

Finally, confirm the transaction when prompted. Once approved, your FLR tokens will begin generating rewards on the network.

Staking Through Centralised Exchanges

Centralised exchanges provide a simpler and faster way for investors who prefer convenience. Here’s how you can stake FLR using an exchange.

Acquire Flare (FLR) Tokens

Before staking, you must acquire FLR. Purchase tokens from popular exchanges such as Coinbase, OKX, BingX, or Kraken.

Store FLR in a Wallet

Once purchased, transfer your FLR to a secure wallet. Reliable options include Solidify Wallet, Bifrost Wallet, and MetaMask. These wallets ensure you maintain control over your tokens.

Delegate Your FLR via Staking Exchange

Choose a staking exchange such as Uphold or KuCoin. These platforms combine validator stakes, increasing chances of transaction validation and reward distribution. You can delegate FLR directly through your wallet’s interface.

Begin Validating and Earning Rewards

Wait for your deposit to confirm in your wallet. Once it does, your stake begins validating transactions on the Flare network. You will then start receiving FLR rewards for supporting the network.

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Best Places to Stake Flare (FLR)

Here’s where you can stake your Flare tokens easily: 

Flare Network operates as a layer-1 blockchain that delivers smart contract capability and data feeds to other networks. It uses its State Connector and Flare Time Series Oracle (FTSO) to bring off-chain and cross-chain data onto the blockchain. Validators perform both consensus and data provision. Users stake FLR via the P-Chain, securing the network and supporting oracle services. Minimum stake sits at 50,000 FLR with a 14-day lock-up.

Pros:

  • Users contribute to blockchain security through staking directly on Flare.
  • The platform supports both validation and decentralised data provision.
  • Delegators can earn rewards every two weeks for staking.
  • Staking participants support oracle operations essential for DeFi and smart contracts.

Cons:

  • Flare requires a high minimum stake of 50,000 FLR.
  • FLR locks for at least 14 days, limiting liquidity.
  • Users must claim rewards manually every two weeks.
Uphold Wallet

Uphold offers staking for Flare on a trusted and easy‑to‑use platform. It lets users stake FLR and earn rewards that compound weekly. The platform shows clear APY estimates and deducts its commission openly. Users keep control of their assets while Uphold handles interaction with validators via smart contracts. It suits beginners and experienced stakers who value transparency and seamless reward accrual.

Pros:

  • Uphold displays reward rates clearly and calculates them after its commission.
  • It sends staking rewards weekly directly into user accounts.
  • Users can stake FLR without technical steps or running validators.
  • The platform calculates compounding effects, aiding users in growing holdings.

Cons:

  • Uphold charges a commission, ranging from 20 to 25% of the rewards.
  • Reward rates can vary, depending on network demand and protocol conditions.
  • Some staking assets may require unbonding periods, limiting access to funds.
  • Uphold remains cautious about launching services in all markets due to regulatory considerations.
KuCoin Crypto Exchange

KuCoin operates a global cryptocurrency exchange headquartered in Seychelles. The platform enables users to trade, stake, lend, and earn across 700+ assets through features like KuCoin Earn, staking, and soft staking. The system delivers flexible and fixed-term options offering daily rewards. It facilitates Flare staking, enabling users to grow holdings via passive income. KuCoin also ties staking to its own loyalty incentives and perks for added value.

Pros:

  • Supports FLR staking with flexible and fixed-term options and daily payouts.
  • Includes soft staking, allowing earnings without locking assets.
  • Offers access to a wide range of cryptocurrencies for diversified staking.
  • Ties staking to loyalty benefits and additional reward layers.
  • Provides a unified platform for trading, staking, and earning in one account.

Cons:

  • Operates on a custodial model, so users surrender private key control.
  • Regulatory challenges exist; KuCoin exited the US following legal issues.
  • FLR staking yields remain relatively modest compared to some peers.
  • Users rely on platform infrastructure, so risks include downtime or platform issues.

Benefits of Staking Flare (FLR)

Staking Flare allows token holders to earn rewards, enhance network security, and take part in governance decisions. Unlike traditional staking models, Flare combines decentralisation with flexibility, making it more accessible for both new and experienced investors. By delegating FLR, you not only grow your holdings but also play a critical role in the development of the ecosystem. Here are the key benefits explained in detail.

Non-Custodial Flexibility with WFLR

When you stake FLR, your tokens automatically convert into wrapped FLR (WFLR). You retain complete control over WFLR, unlike in traditional staking models, where assets remain locked. This flexibility allows you to transfer, swap, or re-delegate your WFLR whenever you wish, all while continuing to earn rewards. It gives you the benefit of liquidity without sacrificing staking income.

Participation in Governance and Airdrops

Staking does not limit your governance rights within the Flare ecosystem. Even while tokens are staked, you can vote on protocol proposals through the P-Chain, ensuring your voice influences key network upgrades and policies. Additionally, you remain eligible for FlareDrops, which provide extra rewards and align your financial incentives with the network’s growth.

Earning Staking Rewards

Delegating FLR to validators allows you to earn regular rewards, paid out on-chain every two weeks. Your earnings depend on validator uptime, performance, and the total FLR staked. Some platforms advertise attractive APYs, though actual rates vary based on network activity and validator reliability. Staking therefore, provides a consistent source of passive income.

Strengthening the Network

By delegating your FLR to up to three validators, you actively contribute to Flare’s decentralisation and stability. Your stake supports the Flare Time Series Oracle (FTSO), which delivers accurate off-chain data to decentralised applications. This dual role, securing transactions and feeding reliable information to dApps, ensures the ecosystem continues to run smoothly.

Transparency and Real-Time Insights

Flare offers full transparency through dashboards such as Nansen’s staking interface. These tools provide detailed data on validator performance, reward trends, and historical earnings. With this information, you can fine-tune your strategy, switch validators when needed, and track the actual performance of your staked tokens in real time.

Frequently Asked Questions

Which Wallets Support Flare Staking And What Should I Consider?

You may stake FLR using various tools like the official FlareStake with a Ledger device, SolidiFi’s mobile app, MetaMask paired with FTSO.AU, or the Bifrost Wallet. Each platform offers differing security features; for example, Ledger ensures key protection, while mobile apps offer convenience. It’s crucial to assess each option’s security trade-offs and choose what suits your technical comfort and risk tolerance.

What Are The Minimum Requirements For Delegating Or Staking FLR?

To participate in staking, you must delegate at least 50,000 FLR and lock them up for a minimum of 14 days. You may stake up to three validators and, during Phase 2, validator stakes are individually capped at 5% of total staked FLR. These requirements ensure decentralisation and network stability, so it’s important to plan token amounts and duration to align with these constraints.

What Are The Differences Between Delegating And Staking On Flare?

Delegation involves assigning your FLR to data providers in the FTSO system without locking funds, while staking refers to locking FLR with validators on the P-Chain. Both methods earn FlareDrop rewards, but staking usually yields higher reward potential. Delegation offers more flexibility because you can undelegate at any time, whereas staking involves lock-periods and requires manual reward claims.

How Long Are My FLR Tokens Locked When I Stake Them?

Upon staking your FLR, your tokens remain locked for the duration selected, which must be at least 14 days. During this time, they cannot be used or transferred. When the staking period ends, the FLR are automatically unlocked, enabling you to either stake them again, transfer them back to the C-Chain, or withdraw entirely. You should plan ahead, as flexibility is limited during the lock-up.

How Can I Track And Select Validators To Stake With?

You can use tools like FlareMetrics, Flarescan, or Flare.Builders to compare validators regarding performance, capacity, and reward history. Avoid validators whose FTSO data providers have failed to earn in recent epochs or those nearing their expiry. Choosing reliable infrastructure providers with steady performance helps maximise staking returns and minimise risk posed by underperforming or inactive validators.

Can I Both Stake And Delegate FLR Simultaneously?

During Phase 2 of the Flare staking transition, you cannot stake FLR to validators and delegate in the FTSO system using the same tokens, unless you divide your holdings. Each method must use separate amounts. This separation allows users to choose between higher staking rewards or flexible delegation, depending on whether they prioritise lock-up terms or ease of withdrawing funds.

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