Staking your crypto is one of the easiest ways to earn passive income, but how do you stake Gains Network (GNS), a token that does more than just sit in your wallet? GNS is the native token of Gains Network, a decentralised trading platform built on Polygon.
The platform lets users trade crypto, forex, and stocks with high leverage using synthetic assets. But GNS isn’t just for trading, it plays a key role in the platform’s ecosystem. When you stake GNS, you help support the DAI vault that powers the entire system. In return, you can earn rewards in DAI or even more GNS.
Plus, if you stake your GNS, you’ll get voting rights on future updates once the DAO launches. Whether you hold a GNS NFT or not, staking gives you a chance to boost your returns and be part of the project’s long-term vision. So if you want to learn about how to stake Gains Network do read this guide till the end.
How to Stake Gains Network (GNS)?
Staking on Gains Network (GNS) allows crypto users to earn passive income from trading fee distributions. The platform supports flexible staking through its web portal, letting users boost rewards using NFTs and manual compounding. Here’s a complete step-by-step guide to help you stake GNS securely.
Step 1: Acquire GNS Tokens
The first step to staking on Gains Network is to own GNS tokens. You can purchase GNS on popular exchanges like Binance, KuCoin, MEXC, and Gate.io. Once purchased, transfer your tokens to a non-custodial wallet to maintain full control of your assets before staking. Using a centralised exchange wallet will not work for staking activities.
Step 2: Choose a Compatible Wallet
You must use a Web3-enabled wallet like MetaMask or Rabby for staking. After setting up the wallet, add the Arbitrum One or Polygon network to your wallet configuration. This includes entering details like the RPC URL, Chain ID, and network symbol. Adding the correct network allows your wallet to communicate with Gains Network’s staking smart contracts easily.
Step 3: Access the Staking Interface
Go to the Gains Network staking platform by visiting the official staking page at gainsnetwork.io/pools or the gTrade staking portal at gains.trade/staking. The staking interface displays the Single-Sided Staking (SSS) pool details, such as the Total Value Locked (TVL), Annual Percentage Yield (APY), and the reward token information.
You can also stake GNS on Binance Staking Platform
Step 4: Approve and Stake GNS
To start staking, connect your wallet to the staking portal.
- Choose the GNS pool and click on “Approve GNS” to allow the smart contract to access your tokens.
- After the approval confirms on-chain, click “Stake GNS,” input the number of tokens you wish to lock.
- Then confirm the transaction in your wallet.
Once staked, your GNS will earn a share of the trading fees paid in DAI.
Step 5: Boost Rewards with NFTs (Optional)
Gains Network offers an optional reward boost if you stake GNS NFTs. You can stake up to three NFTs in a single wallet. Boost levels vary:
- Diamond-tier NFTs offer the highest boost (around 13%).
- Bronze-tier NFTs provide a smaller reward boost (around 2%).
- Boosts stack, so owning multiple NFTs increases your total yield.
Step 6: Harvest and Re-stake Rewards
Your staking rewards accumulate in DAI tokens, but they do not auto-compound. To optimise your earnings:
- Claim your DAI rewards regularly, either daily or weekly.
- Swap the claimed DAI for GNS on a decentralised exchange like QuickSwap.
- Restake the newly acquired GNS tokens.
Manual harvesting and restaking allow you to reach the full APY displayed on the staking dashboard.
Step 7: Unstaking Method
If you decide to stop staking, go back to the staking page.
- Select the “Unstake” option and enter the amount of GNS you want to withdraw.
- Confirm the transaction in your wallet.
- Take note of the network gas fees and any waiting periods defined by the protocol.
Once the process completes, your GNS tokens will return to your wallet, ready to hold, trade, or transfer.
Also Read: Where to buy Gains Network
Popular video guides on Staking Gains Network (GNS)
Best Places to Stake Gains Network (GNS)
Here’s where you can stake your Gains Network tokens easily:
Binance Earn is a feature within the Binance exchange that lets users earn rewards on their crypto holdings through staking, savings, and other flexible financial products. It offers support for a wide range of cryptocurrencies, including Gains Network (GNS). The platform provides both flexible and locked staking options, giving users control over their investment periods and returns. Binance Earn makes it easy for users to start earning without managing complex wallets or external platforms.
Pros:
- Supports staking for many popular cryptocurrencies, including Gains Network.
- Offers flexible and locked staking options to suit different needs.
- Simple and user-friendly interface for beginners.
- For GNS the current APY offered is 3.87%.
- Reliable platform with strong security measures.
Cons:
- Locked staking options limit access to funds for a set period.
- Staking rewards may vary based on market activity.
- Not all tokens are available for flexible staking.
- Users must complete identity verification to access full features.
KuCoin Earn is a financial service on the KuCoin exchange that allows users to earn passive income through staking, savings, and structured products. Users can stake a variety of tokens, including Gains Network (GNS), and earn rewards directly on the platform. It provides flexible and fixed-term staking options that suit different investment goals. KuCoin Earn also supports features like Auto-Invest and lending, creating a one-stop platform for growing crypto holdings.
Pros:
- Allows staking of Gains Network (GNS) alongside many other tokens.
- Offers both flexible and fixed-term staking options.
- Simple interface makes staking easy for beginners.
- The APY offered for staking GNS token is 0.5%.
- Provides automatic earnings without manual reinvestment.
Cons:
- Some staking options require a lock-up period.
- Platform availability depends on KuCoin’s exchange access in your country.
- Earnings vary based on market demand and supply.
- Not a fully decentralised staking solution.
gTrade operates as a decentralised, non‑custodial leveraged trading platform built by Gains Network. It enables users to trade assets like crypto, forex, stocks and commodities directly from their own wallets. Smart contracts and Chainlink oracles power its synthetic leverage model, delivering up to 150× on crypto and 1,000× on forex. The platform uses a unified liquidity pool with DAI and GNS tokens for collateral and fee distribution. It supports passive rewards via staking GNS and liquidity provision .
Pros:
- Decentralised and non‑custodial wallet trading, no KYC needed
- Offers high leverage (up to 150× crypto, 1,000× forex)
- Chainlink-powered price feeds ensure accurate execution
- Stake GNS and LP tokens to earn a share of trading fees
- Supports many markets: crypto, forex, stocks, commodities
Cons:
- Synthetic leverage carries smart contract risk
- Requires understanding of complex mechanics and tokenomics
- High leverage may lead to rapid losses for inexperienced traders
- DAI vault and GNS peg dynamics can affect staking APR
- Limited customer support compared to centralised platforms
Benefits of Staking Gains Network (GNS)
Staking on Gains Network offers more than just financial returns. It allows you to play a vital role in supporting the gTrade platform while earning steady rewards. Whether you want to help secure the network, shape the platform’s future, or boost your staking yields, staking GNS tokens gives you multiple ways to participate. Let’s explore the key benefits that make staking Gains Network worth considering.
Share in the Platform’s Revenue
Staking your GNS tokens lets you earn a share of the trading fees collected across various markets on gTrade. Every time someone trades crypto, forex, stocks, indices, or commodities, a portion of the fees contributes to the staking pool. This means your staking income increases as the platform’s trading activity grows. During periods of high volatility, when trading volumes surge, your returns also climb, creating a direct link between your earnings and the network’s success.
Earn Passive Income in DAI
Your staking rewards are paid in DAI, a stablecoin, providing you with predictable income regardless of market fluctuations. These rewards accumulate in real-time, allowing you to see your earnings grow without having to trade actively. Staking GNS transforms your idle tokens into a steady source of income, all without needing to provide liquidity or navigate complex financial strategies elsewhere.
Support Network Liquidity and Security
Staking plays a vital role in keeping the gTrade platform running smoothly. Your staked GNS tokens ensure there is enough liquidity to cover traders’ profits instantly. This helps the platform maintain fair prices and deep liquidity for synthetic assets. By staking, you support a healthy trading environment where users enjoy fast, reliable, and capital-efficient trading experiences.
Amplify Your Rewards with NFTs
Gains Network offers a unique feature where staking NFTs can enhance your GNS staking rewards. By locking up to three Gains Network NFTs alongside your tokens, you gain tiered reward boosts. Bronze NFTs provide smaller yield increases, while diamond editions offer significant boosts. This combination of staking tokens and NFTs helps maximise your total returns.
Participate in Governance Decisions
Staking also gives you a say in how the Gains Network evolves. You can vote on crucial matters like fee adjustments, new tokenomics proposals, and protocol upgrades. This ensures that major decisions reflect the voices of committed community members. By staking your tokens, you help shape the network’s direction and contribute to its long-term success.
Benefit from a Deflationary Model
The platform uses a portion of its revenue to buy back and burn GNS tokens. This reduces the overall supply in circulation, which can positively impact the token’s long-term value. As a staker, you not only earn income through staking rewards but also benefit from a deflationary system that may support the token’s price growth over time.
Frequently Asked Questions
Which Blockchain Supports Gains Network Staking?
Gains Network operates on the Polygon blockchain, chosen for its low fees and fast transaction speeds. By using Polygon, stakers benefit from affordable gas fees, making frequent staking and reward-claiming practical. You will need to hold MATIC in your wallet to pay these transaction costs. This makes staking accessible even for smaller investors, providing an efficient and scalable environment for securing the network and earning rewards on your GNS holdings.
What Kind of Rewards Can I Expect from Staking GNS Tokens?
Staking GNS tokens on Gains Network offers a share of the platform’s generated fees as rewards. Stakers earn a portion of the fees collected from trading activities on the platform, providing a form of passive income. The rewards are proportional to the amount of GNS staked and the total fees generated over time. This system incentivises long-term holding and aligns stakers’ interests with the success and growth of the Gains Network ecosystem.
Is There a Lock-In Period When Staking on Gains Network?
Gains Network does not enforce a fixed lock-in period for staking, offering flexibility for users. Stakers can generally withdraw their tokens at any time, although rewards accumulate over time, encouraging longer commitments. This approach appeals to both short-term and long-term investors, letting them adapt their staking strategy to market conditions or personal needs. Always check the platform for the latest terms, as protocols may update staking conditions occasionally.
What Are the Risks Involved in Staking on Gains Network?
Staking on Gains Network, like any DeFi activity, carries certain risks. Price volatility of GNS tokens can affect the value of your staked holdings. Smart contract vulnerabilities could potentially expose funds to loss if exploited. Additionally, network congestion or gas fee spikes on Polygon can increase transaction costs. While the platform is audited and widely used, it is essential to understand these risks, manage exposure carefully, and only stake what you can afford to hold long-term.
Why Should I Consider Staking GNS Instead of Trading It?
Staking GNS tokens offers a way to earn passive income without actively trading, making it appealing for long-term holders. By staking, you contribute to the stability and growth of the Gains Network while receiving a share of trading fees. Unlike trading, which involves timing the market and taking on price volatility, staking encourages holding and rewards patience. This approach suits investors looking for consistent returns tied to the platform’s overall success.
