New: Wallet recovery made easy with Ledger Recover, provided by Coincover

Get started

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.*

Get started
PARTICIPATE IN ALGORAND GOVERNANCE AND EARN 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.

Get started
ALGORAND GOVERNANCE REWARDS

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 device

A 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.
Get your device

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.

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.

Visit our Ledger Academy

What is staking

Read the article

What is proof of stake

Read the article

Frequently Asked Questions

The Algorand Foundation has closed its staking rewards program. 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 (Become a Governor).

Governance is a decentralized program ALGO holders can join and vote on the future of the Algorand protocol. You can commit your ALGOs to governance for a three-month period, vote on the measures proposed by the Algorand Foundation, and earn rewards for doing so. 

Keep in mind that Ledger Live doesn’t support governance rewards. You will need to use a third-party wallet such as MyAlgo. Learn more

Governance works in cycles, where each cycle lasts three months. Governors who register and participate in the program for a three-month period will be entitled to vote on the voting measures, and will then receive rewards.

Governance program allows you to vote on the future of the protocol and ensures the Algorand governance system stays decentralized. Governance is also the best way to earn ALGO rewards, with APY % of 10.02% – 14.05% seen in previous periods.

Algorand’s Governance program is different from staking. To participate in governance and earn rewards, you need to sign up for the program on the Algorand Foundation website and deposit a dedicated amount of gALGO. If your wallet balance becomes insufficient while participating in governance or you don’t vote in the sessions, you will not be eligible for any rewards for that governance period.

Stay in touch

Announcements can be found in our blog. Press contact:
[email protected]

Subscribe to our
newsletter

New coins supported, blog updates and exclusive offers directly in your inbox


Your email address will only be used to send you our newsletter, as well as updates and offers. You can unsubscribe at any time using the link included in the newsletter.

Learn more about how we manage your data and your rights.