Pluang Launches Crypto Staking With Rewards Up to 11.3%
Swan.my.id | Jakarta, Indonesia - Pluang has officially launched its crypto staking feature, giving users a new way to earn rewards from selected digital assets without actively trading them.
The new service allows Pluang users to stake supported cryptocurrencies directly through the platform. The initial assets include Ethereum (ETH), Solana (SOL), and Cosmos (ATOM).
According to Pluang, staking rewards can reach 11.34% APR for ATOM users with a Pluang+ membership. Regular users can also access staking, although the reward rates vary by asset and account type.
Pluang Staking Offers a New Way to Earn Crypto Rewards
The launch gives crypto investors another option beyond buying and selling digital assets. Through staking, users can potentially earn additional cryptocurrency by committing eligible assets to a proof-of-stake blockchain.
In simple terms, staking allows crypto holders to put their assets to work. The assets help support blockchain operations, including transaction validation. In return, participants can receive additional crypto as rewards.
This approach differs from active trading. Traders generally seek profits from price movements, while staking focuses on earning blockchain-based rewards from assets that are held over time.
However, staking does not remove investment risks. The value of the underlying cryptocurrency can rise or fall while the assets are locked.
Pluang introduced the feature as an integrated service within its existing crypto platform. Users do not need to create a separate staking account or manage external technical infrastructure.
Pluang Staking Rewards Reach 11.34% APR
At launch, Pluang offers staking for three cryptocurrencies. Each asset has a different reward rate because staking returns depend on the characteristics and conditions of its blockchain network.
The initial rates are:
- Ethereum (ETH): 1.19% APR for Regular users and 2.00% for Pluang+.
- Solana (SOL): 2.22% APR for Regular users and 4.50% for Pluang+.
- Cosmos (ATOM): 6.98% APR for Regular users and 11.34% for Pluang+.
The highest advertised reward is therefore available for ATOM through Pluang+. However, investors should not interpret the rate as a guaranteed return.
Staking rewards can change because blockchain network conditions may affect the applicable rate. Therefore, users should check the current rate shown on the platform before committing their assets.
The difference between regular and Pluang+ rates also gives membership status a role in the potential reward investors can receive.
Meanwhile, the reward is provided in the same cryptocurrency that users stake. This means users accumulate more of the underlying digital asset rather than receiving a fixed cash payment.
How Crypto Staking Works on Pluang
The staking process is designed to be relatively simple for users who already hold supported crypto assets on Pluang.
Users can start by opening the application and selecting an eligible cryptocurrency. They can then choose the staking option and enter the amount they want to commit.
The general process includes several stages:
- Select a supported crypto asset from the Pluang application.
- Tap the Stake option on the asset's detail page.
- Enter the amount of cryptocurrency to be staked.
- Confirm the transaction to begin the staking process.
- Wait for the bonding period before staking becomes active.
- Receive staking rewards once the staking status becomes active.
- Submit an unstaking request if the user wants to stop staking.
During the bonding period, the assets are temporarily locked. They cannot be freely traded during this stage.
Similarly, stopping staking does not necessarily make the assets immediately available. Users may need to go through an unbonding period before the cryptocurrency returns to their wallet for regular transactions.
Because of these periods, investors should consider their liquidity needs before staking.
What Investors Should Know Before Staking
Although staking can provide an additional source of crypto rewards, it should not be viewed as a risk-free income strategy.
The first major risk comes from cryptocurrency price movements. A staking reward may increase the number of coins held by an investor, but the fiat value of those coins can still decline if the market falls.
For example, an investor may receive additional ATOM through staking. However, if the market price of ATOM drops significantly, the overall value of the investment could still decrease.
There is also a liquidity consideration. Staked assets may not be immediately available for trading because of bonding and unbonding periods.
Investors should therefore consider several factors before using the feature:
- Crypto price volatility: Asset prices can change sharply.
- Locking periods: Staked assets may not be immediately tradable.
- Variable rewards: Staking rates can change according to network conditions.
- Investment objectives: Staking may be more suitable for investors with a longer-term approach.
- Risk tolerance: Potential rewards should be considered alongside the possibility of losses.
In addition, historical or current reward rates should not be treated as guarantees of future performance.
Staking Expands Pluang's Crypto Investment Options
The arrival of staking represents another development in the broader crypto investment landscape. Instead of relying solely on price appreciation, investors can explore mechanisms that generate rewards from blockchain participation.
For Pluang users, the feature also provides a more direct way to access proof-of-stake rewards without managing validator infrastructure themselves.
The company initially launched staking with three assets. More cryptocurrencies may be added gradually as the service develops.
The launch also follows Pluang's decision to transition from its previous Pluang Cuan product to staking. The new system introduces a different mechanism because users must lock supported assets during bonding and unbonding periods.
This distinction is important for investors. Pluang Cuan previously allowed assets to remain available for trading while generating rewards under its specific terms. Staking instead connects the reward process to blockchain participation and asset locking.
A New Option for Long-Term Crypto Holders
For crypto investors who already plan to hold eligible assets, staking can offer another potential way to increase their crypto balance over time.
However, the reward percentage should not be the only consideration. Investors need to understand how the staking mechanism works, how long assets may be locked, and how market volatility could affect the total investment.
Pluang's launch makes the process more accessible by placing staking within its existing crypto platform. Users can manage the process without setting up separate technical infrastructure.
The company says staking is an investment activity that carries risks, including asset price fluctuations during bonding and unbonding periods. Investors should understand their own risk profile before participating.
With rewards advertised at up to 11.34% APR for ATOM through Pluang+, staking is likely to attract attention from crypto holders looking for alternatives to active trading.
Nevertheless, the central principle remains unchanged: higher potential rewards can come with investment risks. Investors should evaluate the underlying asset, reward rate, liquidity conditions, and personal financial goals before making a decision.
