Stake

Staking:

Luminite currently offers two earning options: FTSO Delegation and FLR Liquid Staking. Each comes with its benefits and trade-offs, designed to fit different user needs. While FLR Staking offers traditional DeFi-style staking in vetted pools, connecting to the pool through the in-app interface, FTSO Delegation is native to the Flare ecosystem, allowing users to support data providers and earn passive income while retaining control of their tokens. Users should carefully consider the features of each option before deciding which one best suits their goals.

FLR Liquid Staking

Luminite empowers users to stake their $FLR or $WFLR tokens directly through a seamless in-app experience. By depositing tokens into curated, audited vaults powered by Sceptre, users can earn passive income directly within Luminite, without needing to access the Sceptre interface. The vault is currently offering competitive APYs based on market conditions and vault performance.

Staked assets remain under the user's control through Luminite's non-custodial design and can be unstaked after a cooldown period, typically 14 days. This feature provides long-term holders with a simple, secure, and efficient way to grow their assets while staying within the Flare ecosystem.

Staking: FTSO Delegation

For users looking to keep their $FLR tokens accessible while still earning yield, Luminite offers FTSO Delegation. This mechanism allows you to delegate $WFLR or $FLR to Flare data providers who feed real-time price information to the Flare Network.

Based on the accuracy and performance of these providers, users receive periodic rewards without locking their tokens. Delegation is flexible, and users can adjust or reassign their providers anytime. Luminite simplifies this process with an intuitive UI, enabling both beginners and advanced users to participate in securing the network while earning passive income.

Here's a clear comparison table between FLR Staking and FTSO Delegation as supported in the Luminite app:

Feature	FLR Staking	FTSO Delegation
Staking	Instantly	Instantly, rewards begin in the next reward epoch
Unstake Duration	Requires a cooldown period to withdraw assets, typically 14 days.	Instant
Lock Token	Yes — $FLR or $WFLR is locked	No, you retain full custody of your tokens
Token Support	$FLR and $WFLR	$FLR and $WFLR
APY	Currently >45%, but it may vary depending on sFLR: FLR exchange rate	Currently up to 8.0%, depending on provider performance
Fee	A 4.40% buy-in fee is applied during the 23-day snapshot period to protect existing stakers' APR. However, "No Buy-In Fee" events may allow free staking. Sceptre also charges a 10% service fee on all rewards, deducted before rewards are added to the pool — the exchange rate you see is what you get.	No fee from the network, provider-dependent
Providers	Sceptre	FTSO data providers
Redemption period	After the cooldown period, you have a 2-day window to redeem your WFLR. If you miss this window, your assets are automatically restaked.	Instant