How to Stake Algorand (ALGO)

TL;DR

• View the current ALGO staking APR here
• Use the ALGO Staking Calculator to estimate your rewards
• Lockup: 90 days (Soft lockup)
• Minimum amount required for staking: No minimum
• Estimated time needed to stake your ALGO in your wallet: 5 minutes
• Recommended Algorand staking wallets:  Ledger, Pera wallet
• Steps to stake: 
  • Go to the Algorand Governance Portal and connect to your wallet. Please note that to participate in governance, you must sign up during the sign up phase. If the sign up phase is closed for the current period, you must wait for the next period’s sign up phase to open.
  • Commit your Algos by clicking the ‘Commit Algos’ button. Enter the number of ALGOs you would like to commit. Note that it is NOT RECOMMENDED to commit the entire Algo balance in this address, because the governors are expected to send a few zero-Algo transactions from the governing address, and will have to pay the transaction fees for them. We recommend committing at most 1 Algo less than the balance in the governing address.
  • Finalize by clicking ‘Commit Algos’ and sign the transaction .
  • After committing your desired amount of Algo, visit the Governor’s page to verify your eligibility. Go to the Governance Portal page for the current period, click on the ‘Show All’ link at the top.