Staking Sei (SEI) with Wraith Wallet
Staking Sei (SEI) lets you earn rewards while helping to secure the Sei blockchain. This guide will walk you through staking your SEI with Wraith Wallet in a safe and straightforward way.
TLDRβ
Your SEI is locked while staked.
Unstaking takes 21 days.
Minimum stake depends on the validator.
Always keep a small balance of SEI to pay for fees.
β οΈ Ensure youβre using the latest version of Wraith Wallet for the best experience and security.
How to stake Sei on Wraith Walletβ
Step 1 - Fund your Sei walletβ
Make sure your Wraith Wallet Sei account is funded with SEI tokens.
Buy SEI directly in Wraith Wallet by tapping Buy.
Alternatively, purchase SEI on exchanges such as Binance, Coinbase, or Kraken, then transfer them into your Wraith Wallet.
β οΈ Always copy the Sei wallet address carefully when transferring to avoid loss of funds.
Step 2 - Open the stake screenβ
Open your Sei wallet in Wraith Wallet.
Tap Stake to view details like APR and lock time.
Tap Stake again to continue.
Step 3 - Choose validatorβ
Validators secure the network and distribute rewards. Wraith Wallet shows a list of available validators.
β Look for validators with:
High uptime
Competitive commission rates
Strong community reputation
Step 4 - Enter stake amountβ
Enter the amount of SEI you wish to stake.
Leave some SEI in your wallet for fees.
Tap Continue.
π‘ Some validators may set minimum stake requirements.
Step 5 - Confirm the stake transactionβ
Check all details (validator and stake amount).
Tap Confirm.
The transaction will be confirmed on the Sei network within a few seconds.
β Youβve successfully staked SEI with Wraith Wallet.
Sei staking rewardsβ
Current rewards are around 4.80% APR (at the time of writing).
Rewards are available immediately but need to be claimed manually.
Actual returns may vary depending on the validator you select.
Unstaking your SEIβ
Unstaking takes 21 days before your tokens are accessible again.
Go to your stake details in Wraith Wallet.
Tap Manage β Unstake.
Enter the amount to unstake and confirm.
β οΈ Keep a small amount of SEI for network fees during the process.
Is staking Sei with Wraith Wallet secure?β
Yes. Wraith Wallet is a secure, open-source, non-custodial wallet.
Transparency: Anyone can review and audit the code.
Community improvements: Developers and security experts continuously contribute.
Reduced risks: Open-source projects make hidden backdoors unlikely.
By staking Sei with Wraith Wallet, you can earn rewards and actively support the Sei blockchain.
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