• Minimum Stake: $10 CAD equivalent
• Maximum Stake per Transaction: 1,000 ETH
• Rewards: Up to 2% APY (estimated and not guaranteed)
• $10 CAD equivalent
• Maximum Stake per Transaction: 100,000 SOL
• Rewards: Up to 5.9% APY (estimated and not guaranteed)
Coming Soon
Minimum stake: $10 CAD equivalent
Staking is the process of committing your cryptocurrency to support blockchain networks that use a Proof-of-Stake (PoS) consensus mechanism like Ethereum and Solana. By staking, you contribute to validating transactions, maintaining network integrity, and improving overall security. In return, you receive rewards in the form of additional cryptocurrency. In simpler terms, staking lets you put your crypto to work and earn passive rewards, much like earning interest on a savings account.
The Newton Earn Program enables users to stake their funds directly on the platform to earn potential rewards. In exchange for facilitating this service, Newton deducts a portion of the rewards as a fee.
Proof of Stake (PoS) is a consensus mechanism blockchain networks use to validate transactions and secure their ecosystem. Unlike Proof of Work (PoW), which relies on energy-intensive mining, PoS selects validators primarily based on the amount of cryptocurrency they stake. Validators lock up a certain amount of their tokens as collateral, which allows them to verify transactions and create new blocks on the blockchain. Validators are rewarded in cryptocurrency for their contributions. However, malicious behavior, such as approving invalid transactions, can result in penalties, including losing part of their staked assets.
Staking rewards are incentives earned by users who contribute to blockchain operations through staking. Rewards are typically paid in the same cryptocurrency that is staked and distributed based on factors like:
Staking rewards are expressed in terms of Annual Percentage Rate (APR). For example, an 8% APR means you could earn $8 CAD annually for every $100 CAD worth of crypto you stake. Different assets have different reward rates because each blockchain has its own economics. You can stake any amount above our minimum requirement, and the rewards scale linearly - stake more, earn more.
Note: When you stake through Newton, your crypto helps secure the network just like running your own validator would. But instead of managing complex infrastructure, you simply choose an amount to stake, and we handle the rest. When the assets perform well, you earn rewards minus the necessary operational fees.
Staking on Newton is straightforward and user-friendly. Follow these steps to stake your crypto:
On this page, you will see the following details:
Yes, you can add to your staked position at any time, subject to minimum amounts.
Rewards are based on the amount you stake and the blockchain protocol's rates. After deducting the operation fees, the remaining rewards are credited to your account.
Newton deducts a small percentage of rewards as fees, which include validator and Newton platform fees. For example, staking Ethereum incurs a 15% Newton fee and a 10% validator fee on rewards.
Example:
If you stake 10 ETH and the network generates 0.5 ETH in rewards:
No, staking rewards are not guaranteed. Staking rewards fluctuate based on network performance, validator efficiency, and blockchain-specific protocols. Additionally, factors such as market volatility and slashing events can impact the rewards earned. It's better to think of them as variable rather than fixed returns.
While rare, losses can occur through validator slashing or technical issues. Moreover, given that we pool rewards (and losses in such an event) and have 100+ nodes, the impact per user should be minimal.
Staked assets remain exposed to market price fluctuations throughout the staking period. While staking allows you to earn rewards, it does not provide protection against market losses. The value of your staked cryptocurrency may rise or fall based on market conditions, which could impact the overall return on your investment.
Rewards are approved 3x per week, which means most users receive rewards 3x per week. However, this timeline may vary depending on the specific cryptocurrency network and its reward cycle.
No, you cannot access your staked assets anytime. During the warm-up period and while your assets are staked, they cannot be traded or transferred. Additionally, if you choose to unstake, your assets will go through a cool-down period before they are accessible again.
It’s also important to note that the value of your staked coins may fluctuate due to market volatility, and the value when unstaked could be significantly lower than when you initially staked them.
The warm-up period is the initial processing time before your staked assets begin earning rewards. Duration varies by cryptocurrency.
When you decide to unstake your assets on Newton, they enter a cool-down period, as mandated by the blockchain protocol of the staked asset. This is a waiting period during which your assets are no longer actively staked but remain temporarily inaccessible until the process is complete.
The cool-down period is crucial in maintaining the security and stability of Proof-of-Stake networks. It prevents potential malicious actions, such as validators or participants suddenly withdrawing their stakes in response to market shifts or to exploit the protocol.
Slashing is a penalty imposed by blockchain networks to maintain their security and integrity. It occurs when validators—responsible for verifying transactions and maintaining the network—engage in malicious behavior, such as validating fraudulent transactions or going offline during critical periods.
If your staking activities are regular, commercial in nature, and conducted with the intention of earning a profit, the rewards are likely considered business income. In this case, the full amount of the staking rewards is taxable. If staking is more of an investment activity without significant commercial characteristics, the rewards may be treated as capital gains. Only 50% of capital gains are taxable in Canada. We recommend consulting a tax professional to determine your specific obligation.
Note: Staking rewards displayed on Newton are estimates and are not guaranteed. Actual rewards may vary due to network conditions, validator performance, market fluctuations, and other factors outside Newton’s control. Rewards are distributed based on the performance of the underlying blockchain network and are subject to change over time.Please note that slashing is enabled on some networks, meaning you may lose a portion of your staked assets or rewards if the validator you are assigned to is penalized. Additionally, all timeline periods for warm-up, cool-down, and reward distributions are approximate and may change without prior notice.Newton charges a fee for providing staking services, which is deducted from your rewards. As a registered platform under the Ontario Securities Commission (OSC), Newton complies with Canadian Securities Administrators (CSA) regulations, ensuring transparency and adherence to regulatory standards. By participating in staking through Newton, you acknowledge and accept these terms and associated risks. Carefully review all risks involved before staking your assets