Staking is one of those things that sounds technical until it clicks. It is simply a way to put crypto you intend to hold for longer time horizons to work by helping validate transactions and secure blockchain networks.
Canadians who use the Newton platform can now stake four new tokens directly through their account. The tokens going live in your Newton app for staking this month are: ATOM, DOT, NEAR, and SUI. Along with ETH, SOL, and ADA, they open up more ways to take part and earn potential rewards over time.
When you stake, you’re putting your crypto to work and helping the network keep things running smoothly. It’s one of the ways everyday holders can take part in how a blockchain stays secure.
In return, you might earn rewards, usually paid in the same token you’ve staked. The amount can shift over time with changes in network activity, validator reliability, or the broader market. Rewards aren’t fixed or guaranteed.
Sometimes Newton will warm up wallets before rewards begin, which can affect when you receive your first payout. Timelines may also change as network conditions shift.
“HODL,” short for “Hold On for Dear Life,” started as a misspelled word on a Bitcoin forum. It became a rallying cry for long-term crypto holders who believe in patience through volatility.
Instead of letting tokens sit idle, staking lets you support the network and potentially earn additional returns for your participation. Like any on-chain activity, staking comes with its own set of risks, including possible loss of staked assets.
Most staking systems use one of two main approaches.
Proof of Stake relies on validators who stake their own crypto to keep the network safe.
Delegated Proof of Stake takes that a step further by letting users hand their tokens to validators they trust to do the work for them.
Staking tokens through Newton involves a delegation model, assigning staked assets custodied in cold wallets to trusted validator partners. This makes staking accessible without requiring technical setup or direct validator management but comes with a fee.
On some blockchains, your staking rewards are added back into your staked balance automatically. This lets your rewards start earning their own rewards over time, like compounding interest. In other cases, you may need to restake your rewards manually.
Meet the New Staking Lineup
APYs are estimates and may change based on network conditions and validator performance. See staking knowledge base and crypto asset statements for details. Governance voting is not available through Newton’s staking service.
Cosmos (ATOM) 10.3% APY
Cosmos aims to speed up and connect blockchains across its network. Its modular SDK lets developers create custom chains that work together. ATOM holders can stake to support security and cover fees.
Polkadot (DOT) 12.1% APY
Polkadot brings blockchains together so they can share data and run more smoothly. Each one keeps its own purpose but still connects through the same system. Staking DOT helps keep everything running and can earn you rewards over time.
NEAR (NEAR) 9% APY
NEAR is the native token of the Near Protocol which is a high-speed, developer-friendly blockchain that uses a sharded Proof of Stake model. Its unique “Doomslug” consensus mechanism allows for fast and secure transactions. It was designed for efficiency and ease of use in building decentralized applications.
Sui (SUI) 1.7% APY
Sui aims to make blockchain development simple and fast. Its modular design gives builders room to experiment, whether they’re working on financial tools, games, or logistics projects. The network’s consensus system is built for strong performance and steady reliability.
Staking can be a helpful way to earn rewards, but it also has risks. It is important to understand what can affect your assets before you decide to take part. You can find more details in our crypto asset statements.
Prices can move up or down while your tokens are staked. The value of your holdings changes with the market, and those shifts can happen quickly. Many networks also lock tokens for a set time, so you may not be able to sell or move them right away.
Slashing helps protect a blockchain by discouraging validator errors or misconduct. When it happens, a portion of the validator’s staked tokens is forfeited, and delegators may see a corresponding reduction in their staked balance or rewards.
Staking is still a newer part of the crypto world. Because of that, there is not much long-term history to show how reliable it will be over time. If fewer people use a network, rewards and token value may go down.
Sometimes blockchains split, fork or change. When that happens, there can be uncertainty about token value or whether rewards continue as expected. Like any software, blockchains and smart contracts can have bugs that might lead to losses.
Rules for crypto are still changing in Canada and around the world. New laws could limit access to staking or affect the value of certain assets. Since staking happens online, there is also a chance of technical issues or outages that can make it hard to access your account. Security is another risk to keep in mind. Hackers can target wallets, exchanges, or networks, and a breach could lead to stolen funds.
With more tokens available, staking on Newton continues to evolve. The goal is to make staking understandable, transparent, and accessible for every level of crypto holder.
Whether you are staking ETH or exploring new options like SUI or DOT, you are not just investing, you are helping secure the networks shaping the future of blockchain technology.
For a deeper look at how staking works, visit our Crypto Guides. Follow our blog to keep learning.
