Kraken just added Avalanche to its staking menu, giving eligible users three distinct ways to earn yield on their AVAX holdings. The headline number is up to 10% APY through the platform’s Bonded Staking option, though that rate comes with a catch worth reading the fine print for.

That 10% figure is a promotional rate. Once the introductory period ends, Bonded Staking settles down to 7% APY.

Three flavors of yield

Kraken is offering the AVAX staking suite across three product tiers, each designed for a different type of user.

Bonded Staking sits at the top with that promotional 10% APY.