Earn Crypto Rewards

Staking is one of the simplest ways to put your cryptocurrency holdings to work. By participating in staking, you earn rewards while supporting the health and security of blockchain networks.

At Newton, we’ve made staking straightforward, secure, and transparent, helping you make the most of your crypto investments.

We handle the technical complexity while you earn rewards.

What You'll Learn About Staking

Withdrawal processes and timing
Network fees and reward structures
Getting started with Newton staking
Available assets for staking
Understanding staking and reward generation

Cryptocurrencies Available for Staking and Rewards

Our staking service currently supports a selection of popular PoS cryptocurrencies.

Available Coins and Details

Ethereum (ETH)

• Minimum Stake: $10 CAD equivalent
• Maximum Stake per Transaction:
1,000 ETH
• Rewards:
Up to 2% APY (estimated and not guaranteed)

Solana (SOL)

$10 CAD equivalent
• Maximum Stake per Transaction:
100,000 SOL
• Rewards:
Up to 5.9% APY (estimated and not guaranteed)

More Coins

Coming Soon

Minimum stake: $10 CAD equivalent

learn more in our knowledge base

Important Note: The displayed rates are estimates of expected validator rewards before Newton fees and are not guaranteed. Final reward distributions depend on network calculations and may vary due to factors such as network conditions, validator performance, and other unforeseen variables. All timelines provided are approximate and subject to change, potentially taking more or less time than indicated. Additionally, slashing is enabled, meaning users may incur a loss of rewards if a validator is penalized.

Common Staking Questions

What Is Staking?

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.

What is Proof of Stake?

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.

What are Staking Rewards?

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:

  • The amount of cryptocurrency staked.
  • The length of time it is staked.
  • The performance of the validator.
  • Protocol rules and network participation rates
  • Market conditions

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.

Newton UI on web and iOS

How Staking Really Works

Here’s an overview of how staking generally works and how Newton makes it easier for you:

Validator Selection

In Proof-of-Stake (PoS) blockchains, validators are responsible for processing transactions and adding them to the blockchain. To become a validator, you typically need to stake a significant amount of cryptocurrency (e.g., 32 ETH on Ethereum). Validators are chosen to verify transactions based mostly on the size of their stake, which incentivizes honest behavior.

Setting Up as a Validator

Becoming a validator requires setting up and maintaining specialized hardware and software, securing your funds, and ensuring 24/7 uptime. Any downtime or errors could result in penalties.

Delegated Staking

For those without the resources to set up a validator, most PoS networks allow delegation. Delegators stake their crypto by assigning it to a trusted validator. The validator does the technical work, and rewards are shared with delegators after deducting fees.

Locking Assets

Once tokens are staked, they are locked on the network for a specific duration, known as the warm-up period(varies by cryptocurrency). During this time, your tokens are not accessible for trading or transferring.

Rewards Distribution

Validators(and their delegators) earn rewards for successfully verifying transactions. These rewards are distributed proportionally to the amount staked and the validator's performance.

Unstaking and Cool-Down

To access your staked funds or rewards, you must initiate an unstaking request. This triggers a mandatory cool-down period, varying by cryptocurrency before your assets are available for withdrawal or transfer.

Risks and Penalties

Validators must operate correctly and adhere to network protocols. If a validator behaves maliciously or fails to validate correctly, penalties such as “slashing” can occur, resulting in a loss of staked funds.

How Newton Simplifies Staking

Running your own validator node requires significant technical expertise, substantial capital, and constant maintenance.

For Ethereum, you'd need 32 ETH plus the technical knowledge to:

  • Set up and maintain validator hardware and dedicated servers
  • Manage software updates
  • Implement any blockchain protocols
  • Monitor network operations
  • Maintain 99.9% uptime and handle network issues
handles all this for you.

We:

  • Manage validator relationships
  • Pool user funds to meet minimums
  • Handle the technical requirements
  • Monitor the network performance
  • Processing reward distributions

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.

How to Get Started with Staking on Newton

Staking on Newton is straightforward and user-friendly. Follow these steps to stake your crypto:

Newton UI on web and iOS

Go to the Earn Page

  • Select the coin you want from the list.
  • Click on “Stake.”

(If You Don’t Have Coins to Stake)

  • You will be redirected to a buy page to purchase coins.
  • After purchasing the coins successfully:
    • Return to the Earn Page to proceed from Step 1.
    • Alternatively, click on the “Stake your [coin]” shortcut at the bottom of the buying confirmation page.

Start Page

On this page, you will see the following details:

  • Approximate rewards
  • Warm-up period
  • Cooldown
  • Payout frequency
  • Slashing status

Agree to Risk Disclosure

  • Agree to the risk disclosure.
  • Click “Get Started.”

Enter Staking Amount

  • Input the amount of crypto you want to stake (options: 25%, 50%, 75%, or 100%).
  • Minimum and maximum staking limits will also be displayed.

Click Review

  • Review the transaction details, including rewards,warm-up period, cool-down period, payout frequency, and slashing status

Confirm and Complete

  • Confirm the transaction, and the coins will enter the warm-up period.
  • A summary of the transaction details will be displayed.
  • Click “Done” to exit the screen.

Why Choose Newton for Staking?

Here’s why Newton is the trusted choice for cryptocurrency staking in Canada:

Low Minimum to Get Started

Start staking crypto with as little as $10 CAD and grow from there.

Trusted Validator Partnerships

Newton partners with reliable validators to minimize risks and optimize your staking experience.

Regulated and Trusted

As a registered platform under Canadian regulatory standards, Newton offers you a secure environment for staking.

Transparent Operations

We provide clear details on how rewards and fees are calculated so you’ll always know what to expect. Our platform offers clear fee structures, visible reward rates, period durations, regular reward distributions, and detailed transaction history.

Simplified Experience

Newton handles the technical complexities of staking, from validator selection to reward distribution. Your role is straightforward - choose the asset you want to stake in.

All-in-One Platform

With Newton, you can buy, stake, and sell your crypto all in one place. Save on gas fees by staking directly where you trade, eliminating the need for transfers to external platforms.

User-Friendly Platform

Whether on the web or using our iOS or Android apps, you can start staking with just a few clicks.

Why Staking Matters

Earn Passive Income

You might grow your holdings by earning rewards for participating in staking.

Support Blockchain Innovation

Your participation helps ensure the stability and decentralization of blockchain networks.

Energy Efficiency

Proof-of-Stake networks rely on staked assets rather than energy-intensive mining processes, making them a greener alternative.

What are the Risks of Staking?

Staking can be a lucrative way to earn rewards, but it’s important to understand the potential risks:

Market Impact

While staking may generate yield, your total return also depends on the cryptocurrency’s market price. A 10% yield means little if the underlying token drops 50%.

Lockup Risk

Each network enforces specific timeframes where your assets remain locked - a warm-up period when initiating stakes and a cool-down period for withdrawals. This forced holding can be costly if you need liquidity during market moves.

Validator Performance

Network rewards depend on validator reliability and performance. Technical issues or poor operation directly reduce your returns.

Protocol Risk

Networks can change their rules, affecting reward rates and staking mechanics.

Have Questions? We’ve Got Answers

Can I Add to my Existing Stake?

Yes, you can add to your staked position at any time, subject to minimum amounts.

How are Rewards Calculated?

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.

How are Staking Fees Calculated?

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:

  • Validator Fee (10%): 0.05 ETH
  • Newton Fee (15%): 0.075 ETH
  • Net Reward: 0.375 ETH

Are Staking Rewards Guaranteed?

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.

Can I Lose My Staked Assets?

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.

How Does Market Volatility Affect Staked Assets?

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.

How Often Are Rewards Distributed?

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.

Can I Access My Staked Assets Anytime?

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.

What is a Warm-up Period?

The warm-up period is the initial processing time before your staked assets begin earning rewards. Duration varies by cryptocurrency.

What is a Cool-down Period, and What Happens During Unstaking?

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.

What is Slashing?

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.

Are Staking Rewards Taxable in Canada?

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.

Ready to Start Staking?

Put your crypto to work and start earning rewards with Newton’s staking service. With transparent fees, secure storage, and an intuitive platform, staking has never been easier.
Join Newton Now

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

We don't normally like to brag, but here are some of the reasons why our customers love using Newton.