Kusama (KSM) Staking Rewards Calculator

How much can you earn by staking your Kusama (KSM)?

Asset

Kusama

Ticker

KSM

Current Price

$1.00

Rank

#0

Market Cap

$0

= 1000.0 KSM
Current KSM Price:
1 KSM = $1.00
End value:
$1,762.34 = 1762.342 KSM
Initial monthly earning:
$10.00 = 10.000 KSM
Average earning per year:
$152.47 = 152.468 KSM
Overall earning:
$762.34 = 762.342 KSM
Current Annual KSM Staking Yield at Kraken: 12% APY

Price data powered by CoinGecko API.

Month #Asset Value (USD)Asset Value (KSM)Monthly staking reward (USD)Monthly staking reward (KSM)
0$1,000.001,000.000 KSM$0.000.000 KSM
1$1,009.491,009.489 KSM$9.499.489 KSM
2$1,019.071,019.068 KSM$9.589.579 KSM
3$1,028.741,028.737 KSM$9.679.670 KSM
4$1,038.501,038.499 KSM$9.769.761 KSM
5$1,048.351,048.353 KSM$9.859.854 KSM
6$1,058.301,058.301 KSM$9.959.948 KSM
7$1,068.341,068.343 KSM$10.0410.042 KSM
8$1,078.481,078.480 KSM$10.1410.137 KSM
9$1,088.711,088.713 KSM$10.2310.233 KSM
10$1,099.041,099.044 KSM$10.3310.331 KSM
11$1,109.471,109.472 KSM$10.4310.429 KSM
12$1,120.001,120.000 KSM$10.5310.528 KSM
13$1,130.631,130.627 KSM$10.6310.627 KSM
14$1,141.361,141.356 KSM$10.7310.728 KSM
15$1,152.191,152.186 KSM$10.8310.830 KSM
16$1,163.121,163.119 KSM$10.9310.933 KSM
17$1,174.161,174.155 KSM$11.0411.037 KSM
18$1,185.301,185.297 KSM$11.1411.141 KSM
19$1,196.541,196.544 KSM$11.2511.247 KSM
20$1,207.901,207.897 KSM$11.3511.354 KSM
21$1,219.361,219.359 KSM$11.4611.461 KSM
22$1,230.931,230.929 KSM$11.5711.570 KSM
23$1,242.611,242.609 KSM$11.6811.680 KSM
24$1,254.401,254.400 KSM$11.7911.791 KSM
25$1,266.301,266.303 KSM$11.9011.903 KSM
26$1,278.321,278.318 KSM$12.0212.016 KSM
27$1,290.451,290.448 KSM$12.1312.130 KSM
28$1,302.691,302.693 KSM$12.2412.245 KSM
29$1,315.051,315.054 KSM$12.3612.361 KSM
30$1,327.531,327.532 KSM$12.4812.478 KSM
31$1,340.131,340.129 KSM$12.6012.597 KSM
32$1,352.851,352.845 KSM$12.7212.716 KSM
33$1,365.681,365.682 KSM$12.8412.837 KSM
34$1,378.641,378.641 KSM$12.9612.959 KSM
35$1,391.721,391.722 KSM$13.0813.082 KSM
36$1,404.931,404.928 KSM$13.2113.206 KSM
37$1,418.261,418.259 KSM$13.3313.331 KSM
38$1,431.721,431.717 KSM$13.4613.458 KSM
39$1,445.301,445.302 KSM$13.5913.585 KSM
40$1,459.021,459.016 KSM$13.7113.714 KSM
41$1,472.861,472.860 KSM$13.8413.844 KSM
42$1,486.841,486.836 KSM$13.9813.976 KSM
43$1,500.941,500.944 KSM$14.1114.108 KSM
44$1,515.191,515.186 KSM$14.2414.242 KSM
45$1,529.561,529.564 KSM$14.3814.377 KSM
46$1,544.081,544.077 KSM$14.5114.514 KSM
47$1,558.731,558.729 KSM$14.6514.651 KSM
48$1,573.521,573.519 KSM$14.7914.790 KSM
49$1,588.451,588.450 KSM$14.9314.931 KSM
50$1,603.521,603.523 KSM$15.0715.072 KSM
51$1,618.741,618.738 KSM$15.2215.215 KSM
52$1,634.101,634.098 KSM$15.3615.360 KSM
53$1,649.601,649.604 KSM$15.5115.506 KSM
54$1,665.261,665.256 KSM$15.6515.653 KSM
55$1,681.061,681.058 KSM$15.8015.801 KSM
56$1,697.011,697.009 KSM$15.9515.951 KSM
57$1,713.111,713.111 KSM$16.1016.103 KSM
58$1,729.371,729.367 KSM$16.2616.255 KSM
59$1,745.781,745.776 KSM$16.4116.410 KSM
60$1,762.341,762.342 KSM$16.5716.565 KSM

What is Kusama?

Kusama is a public pre-production environment for the Polkadot network. Developers are able to use Kusama to test new blockchains or applications before launching them on Polkadot. Since Kusama mimics major design features of Polkadot, it acts as a sandbox for developers to test early versions of Polkadot projects with a live cryptocurrency traded on an open market. Because of this, Kusama is considered a "Canary network" for the Polkadot blockchain.

Kusama was founded in 2016 by the creators of Polkadot: Gavin Wood (also a co-founder of Ethereum), Peter Czaban, and Robert Habermeier. Wood has a particularly deep background in the crypto space as he not only co-founded Ethereum but also invented the smart contract programming language Solidity and is the president of the Web3 Foundation.

What is Kusama staking?

Like its bigger brother Polkadot, Kusama also operates with a Proof-of-Stake consensus mechanism. This means that users holding KSM tokens earn staking rewards in exchange for using their holdings to support the operations and security of the Kusama network. Through this process of staking, the Kusama network ties its security to the honesty of the majority who are incentivized as token holders to maintain the integrity and value of the network.

How do I stake my KSM?

Broadly speaking, there are two different approaches to staking KSM:

  1. Run your own node as a validator (hard). Advanced users can run their own Kusama node, which entails provisioning a machine or virtual machine to run node software, and then keeping your node updated and online. This approach is slightly more profitable but requires you to pay for the hosting for your node, and your time to properly configure the node and maintain it to ensure that it stays online.
  2. Nominate your KSM (easy). Nomination is where you appoint your staking rights to a validator so that you can participate in staking without having to maintain your own node. The downside is that the validator takes a small fee for their service, reducing your staking rewards.

There are two general approaches to nominating your KSM:

  • Using a non-custodial wallet like the Polkadot{.js} browser extension or Polkawallet. You can find a complete guide to staking with Polkadot and Kusama here. With a non-custodial wallet, you have the sole control of your private keys which means that you do not have to trust a third party with your keys. The downside to a non-custodial wallet is that you are solely responsible for not losing your keys and keeping them secure. With this approach, you are responsible for choosing a good and reliable validator to stake your tokens with, so choose carefully.
  • Using a custodial wallet like Kraken, a crypto exchange. With a custodial wallet, you trust a third party to control your private keys and provide you access to your tokens when you wish to send or trade them. The upside to custodial wallets is that they are typically more convenient and your personal responsibility of safeguarding your private keys is lessened. With this approach, you do not have the ability to choose your validator - you must use the validator of your custodian.
Current Annual KSM Staking Yield at Kraken: 12% APY

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