Staking $FET on the Fetch.ai mainnet offers a compelling opportunity for crypto enthusiasts seeking high-yield returns in a secure, decentralized environment. With annual percentage rates (APR) exceeding 53%, staking FET tokens not only supports network security and decentralization but also rewards participants generously. This guide walks you through every step—from converting ERC-20 FET tokens to staking them on the mainnet—using trusted tools and best practices.
Whether you're new to Cosmos-based ecosystems or an experienced validator participant, this walkthrough ensures clarity, safety, and efficiency.
Understanding Fetch.ai and Its Ecosystem
Fetch.ai is a cutting-edge decentralized machine learning and artificial intelligence platform built on the Cosmos blockchain ecosystem. As part of Cosmos, it benefits from interoperability, fast finality, and energy-efficient consensus mechanisms powered by Tendermint.
The native token, $FET, plays a crucial role in powering AI agents, data queries, and network operations. With the launch of its mainnet, users can now stake FET to earn rewards while contributing to network integrity.
Platforms like Mintscan.io and Cosmostation already support Fetch.ai, offering real-time analytics and wallet integration for seamless interaction.
👉 Start exploring high-reward staking opportunities today.
Prerequisites for Staking FET
Before beginning the staking process, ensure you meet the following requirements:
- You have a MetaMask wallet installed.
- Your MetaMask contains $FET (ERC-20) tokens.
- You also hold a small amount of $ETH to cover gas fees during the bridge process.
These elements are essential for transferring and converting your tokens securely.
Step 1: Create a Fetch.ai Mainnet Address with Cosmostation Wallet
To interact with the Fetch.ai mainnet, you'll need a compatible Cosmos wallet. Cosmostation Wallet supports Fetch.ai and provides an intuitive interface for managing assets and staking.
How to Set Up:
Download the Cosmostation Wallet app:
- iOS: Available via official app store
- Android: Available via Google Play Store
- Open the app and select “+” to add a new chain.
- Choose FETCH.AI from the list of supported blockchains.
- Tap “CREATE” to generate your Fetch.ai mainnet address.
Upon creation, you’ll receive a 24-word mnemonic phrase—this is your private key equivalent. It grants full access to your funds.
🔐 Critical Security Note: Never share your mnemonic phrase. Do not store it digitally. Never enter it into websites or apps. Unlike a memo or note field used in exchanges, your mnemonic is not transferable data—it is your sole recovery method. If lost, no one can recover your assets.
After securing your mnemonic, copy your newly generated Fetch.ai address. You’ll use this in the next step.
Step 2: Bridge ERC-20 FET to Mainnet FET
Since initial $FET tokens exist as ERC-20 on Ethereum, you must convert them to native mainnet FET using the official Fetch.ai Token Bridge.
Conversion Steps:
- Visit the official Fetch.ai Token Bridge using a browser where MetaMask is installed.
- The bridge will automatically detect your connected MetaMask wallet and display your $FET (ERC-20) balance.
- Enter the amount of FET you wish to transfer.
- Paste your Fetch.ai mainnet address (copied from Cosmostation).
- Confirm the direction: Ethereum → Fetch.ai Mainnet (not the reverse).
- Click “Transfer”.
Transaction Fees:
You’ll pay two Ethereum gas fees:
- One for approving token usage.
- One for executing the transfer.
Once confirmed, wait for the bridging process to complete. This may take several minutes depending on Ethereum congestion. Once done, your FET tokens will appear in your Cosmostation Wallet under the Fetch.ai network.
👉 Secure your future returns by starting your staking journey now.
Step 3: Stake Your FET Tokens
With native FET now in your Cosmostation Wallet, you're ready to stake.
Staking Process:
- Open the Cosmostation Wallet app.
- Navigate to your Fetch.ai wallet and locate the “Delegate” button once your balance appears.
- Tap “Top” to view all active validators.
- Use filters (e.g., APR) to identify top-performing nodes. Higher APR means greater rewards—but consider commission rates.
💡 APR vs Commission: APR reflects potential annual return. However, validators charge a commission (e.g., 10%) on rewards. A high APR with high commission may yield less than a slightly lower APR with low fees.
- Select a validator and enter the delegation amount. You can choose “MAX” to stake all available balance.
- Leave the memo field blank or add a personal note—never include your mnemonic.
- Review transaction details carefully: delegation is a blockchain transaction requiring confirmation.
- Confirm with zero or minimal fee.
If successful, you’ll see a “Success” message—you’re now an active staker on the Fetch.ai network!
Managing Your Staked FET
After delegation, monitor your position within the app under the “My” tab.
Key metrics include:
- Est. APR: Estimated annual return, subject to change based on total staked supply.
- Delegated Amount: Total FET currently staked.
- Unbonding Amount: Tokens in the 21-day unstaking period.
- Available Balance: Liquid FET ready for transfer or staking.
- Daily/Monthly Return: Projected earnings over time.
- Reward Balance: Accumulated but unclaimed rewards.
Actions You Can Take:
- Claim Reward: Transfer earned rewards to your available balance.
- Re-Invest: Automatically compound rewards by delegating them again—boosting future returns at no extra cost.
- Redelegate: Move staked tokens to another validator without waiting 21 days.
- Undelegate: Begin withdrawing funds; takes 21 days to finalize.
🔄 Reinvesting frequently increases compounding effects—your effective yield grows over time without additional investment.
Frequently Asked Questions (FAQ)
Q: What is the current staking APR for FET?
A: As of now, staking FET offers over 53% APR, though this fluctuates based on total network participation.
Q: How long is the unbonding period?
A: It takes exactly 21 days to unstake FET tokens before they become available for withdrawal or transfer.
Q: Can I switch validators without unstaking?
A: Yes! Use the Redelegate function to move your stake instantly to another node without waiting.
Q: Are there any fees for claiming or reinvesting rewards?
A: No. Both claiming rewards and re-investing are free actions on the Fetch.ai network.
Q: Is my FET safe during bridging?
A: The official Fetch.ai Token Bridge is secure and audited. Always verify URLs and never use third-party bridges.
Q: Does staking lock up my tokens permanently?
A: No. While tokens are locked for 21 days upon unstaking, you retain full control and can redelegate anytime.
Core Keywords
- Staking FET
- Fetch.ai mainnet
- Cosmostation Wallet
- Token bridge
- APR staking rewards
- Delegate FET tokens
- Unbonding period
- Reinvest staking rewards
Final Thoughts
Staking $FET on the Fetch.ai mainnet combines strong financial incentives with meaningful participation in an innovative AI-driven blockchain ecosystem. By following this guide, you’ve taken control of your digital assets, maximized yield potential, and contributed to network resilience.
Remember to always prioritize security—protect your mnemonic, double-check addresses, and use only official tools.
👉 Maximize your crypto potential with secure, high-yield staking options.