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PARTICIPATE IN ALGORAND GOVERNANCE AND EARN REWARDS*
As of April 2022, staking rewards dropped to 0 and were replaced by governance rewards. To continue receiving rewards, you will need to sign up for the Governance program.
Connect your Ledger device to MyAlgo wallet and securely participate in the Algorand Governance program. Vote on changes to the protocol from your Algorand account, help shape the ecosystem and get exclusive rewards.*
About Algorand
Algorand is an open-source blockchain that aims to achieve all three challenges of blockchains today: security, scalability, and decentralization.
Earn rewards*
The Algorand Foundation has closed its staking rewards program. You can now participate in Algorand Governance with an APY of 10.02% - 14.05%, as seen in previous periods. This rate may vary depending on different criteria.
Help yourself
Committing ALGOs to governance for a three-month period allows you to vote on measures proposed by the Foundation and earn rewards for doing so.
WHY SHOULD YOU PARTICIPATE IN ALGORAND GOVERNANCE WITH LEDGER
Highly secure
Grow your ALGO bag while securely holding them with your Ledger device. You are in control.
Simplicity
Easily and securely connect your Ledger device to MyAlgo wallet to participate in the Governance program.
ALGORAND GOVERNANCE REWARDS
The Algorand Governance program works in cycles. Each cycle lasts three months and contains a sign-up phase, a voting phase, and a rewards phase. The ALGO rewards are distributed within the first 7 days, after the end of the period.
Algorand Governance rewards
HOW DOES LEDGER'S SOLUTION WORK?
Get your deviceA hardware wallet
that offers the best security for your crypto and NFTs - your assets always remain safe.
An app
to manage your crypto and access key services: buy, swap or grow your assets. Securely thanks to your hardware wallet.Grow your ALGO
01
Buy a Ledger hardware wallet
Ledger hardware wallets are the smartest way to securely store your assets.
02
Set up your device
Follow the setup steps, and create a Algorand account.
03
Sign up for the Governance program
Please note that Ledger Live doesn’t support Governance rewards. You will need to use a third-party wallet such as MyAlgo.
04
Commit ALGOs
Select how much ALGO you want to commit then click Commit Algos.
Confirm the transaction with your Ledger device.
LEDGER LIVE
Other crypto to stake with Ledger
Casper Network
CSPR
Internet Computer
ICP
CARDANO
ADA
Mina Protocol
MINA
EGLD*
EGLD
Osmosis*
OSMO
Polkadot
DOT
Kusama
KSM
Oasis Network
ROSE
Ethereum
ETH
NEAR*
NEAR
Cronos
CRO
Stacks
STX
Solana*
SOL
Hedera
HBAR
EOS
EOS
Axelar
AXL
ATOM*
ATOM
dYdX
DYDX
NEO
NEO
Tron
TRX
Tezos
XTZ
Avalanche
AVAX*Ledger validator node available
Want to learn more about staking?
We answer all the basic questions you might have in our Ledger academy: What is staking? What’s
the difference
between Proof-of-Stake and Proof-of-Work? What is a validator?
You can also take a look at our School of Block series on Youtube to learn how to get started in staking
and make your
money work for you.
What is staking
Read the article
School Of Block
See our episode about staking
What is proof of stake
Read the article