Why is the Est. APR changing and how is it calculated?
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The Est. APR of NEAR Staking is dynamically changing on a daily basis along with on-chain staked principal and returns.
How is my return calculated?
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After staking NEAR, return will be released in the form of NEAR based on the amount of staked NEAR.
The Est. Daily APR is calculated based on the total amount of NEAR reward earned by Gate US validators on the NEARProtocol network and is subject to daily market fluctuations.
NEAR Return = NEAR Holding Amount × Daily APR / 365 × (1 - Service Fee)
How long does it take to receive rewards after staking?
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If you stake on day D, interest will start to accrue on D+1 and be paid on D + 2.
Can I redeem my NEAR return at any time?
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You can redeem your NEAR rewards at any time and standard redemptions will be credited to your account on D+3. The unbonding period is subject to change. During this period, no staking rewards or bonuses will be generated from the amount of assets being redeemed.
Can I cancel a staking or redemption order after submission?
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No. The order cannot be canceled. But you can stake or redeem your NEAR again through NEAR Staking at any time.
Are there any additional fees?
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Gate US will charge 1% of the reward as service fees, which include but is not limited to commission, network fees, etc.
Which states don’t support staking?
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Staking is not available for residents of California, Maryland, New Jersey, and Wisconsin.