Cosmos
$36.11 6.48%
ATOM · 4w

Weaning my $ATOM from Coinbase on first try.

Well I went in tested the waters of non-custodial staking. I created a Keplr browser extension account on Brave browser and moved a fraction of 1 ATOM my Keplr browser wallet. It was not as difficult a process as I had imagined. The origination address was a Coinbase account that I have had since Feb21 and to effect a transfer to my browser wallet I did not even need to add a ATOM memo string to the transfer process - simple!!!! And I placed that small $ATOM fraction into a staking pool of MY choice from those pools listed within Cosmos. A rather straightforward process as well. Now I do realize that you 'bond' or tie up that staked amount for at least 21 days if one wants to unstake but I understand the rationale behind such a restriction. All in all it was a much easier process than I expected. And now I am not restricted to Coinbase's rather paltry staking APY percentage for staking. ;)
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medium.com

State of Stake vol. 56

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