Lédger® Live Yield with Official Guide

Ledger Live, the official companion application for Ledger hardware wallets, has evolved beyond simple asset management. Through its integrated Earn section and partnerships with leading DeFi infrastructure providers, Ledger Live now enables users to generate passive income on their cryptocurrency holdings. This is achieved primarily through staking and DeFi yield opportunities, all while maintaining the uncompromising security of cold storage .

Understanding the Earn Section

The Earn section of Ledger Live serves as a centralized dashboard for discovering and tracking yield-generating opportunities. Instead of navigating multiple platforms, users can manage their staking positions directly within Ledger Live's secure environment .

Key Features of the Earn Dashboard

• Assets Earning Rewards Tab: Track rewards on assets currently staked

• Earn More Rewards Tab: Discover eligible assets for staking with estimated rewards

• APR/APY Display: View estimated annual returns

• Validator Information: Access details about validators being used

How Ledger Live Yield Works

Ledger Live's yield capabilities are powered through strategic partnerships with DeFi infrastructure providers .

Integration with Yield.xyz

Yield.xyz, a DeFi infrastructure firm backed by Multicoin Capital, enables staking directly through Ledger Live. This partnership simplifies the staking process by managing operational complexities behind the scenes while users retain full custody of their assets .

Integration with Kiln

Kiln, an enterprise-grade staking platform, powers the Earn section's reporting capabilities. Through Kiln Connect's Reporting API, Ledger provides real-time data on staking activities, rewards, and opportunities across multiple Proof-of-Stake networks .

Supported Assets and Yield Opportunities

Staking Through the Earn Section

The Earn section currently provides data for staking positions and validators for:

• Solana (SOL)

• Tezos (XTZ)

• Ethereum (ETH) (including Lido Staked ETH)

• Cosmos (ATOM)

• NEAR Protocol (NEAR)

• Osmosis (OSMO)

• Cardano (ADA) 

Additional Staking Through Yield.xyz

Yield.xyz extends support to additional assets, including:

• BNB

• TRON (TRX)

• CRO

• AVAX

• POL 

Stablecoin Yield

Ledger Live has expanded into stablecoin yield opportunities through Kiln DeFi. Supported stablecoins include:

• USDT

• USDC

• DAI

• USDS

These can be deposited into vaults from leading DeFi protocols like Morpho, Aave, Spark, and Compound, all accessible without lockup periods .

Step-by-Step Guide to Using Ledger Live Yield

Before You Start

1. Update Ledger Live to the latest version through the notification banner or download the latest version

2. Ensure your Ledger device runs the latest firmware (Ledger OS)

3. Install the relevant network app (e.g., Ethereum app for Polygon/AVAX/CRO/BNB; Tron app for TRX) and the Stakekit app on your Ledger device

4. Add an account for the asset you want to stake 

Staking Your Assets

1. Connect and unlock your Ledger device

2. Open Ledger Live and navigate to the Earn (%) icon in the left-hand menu or select Earn from the navigation bar

3. In the Earn more rewards tab, select the asset you wish to stake

4. Choose the account that holds the asset

5. Click Stake or Start Staking to proceed

6. You will be redirected to the Yield.xyz dApp within Ledger Live

7. Enter the amount you want to stake

8. (Optional) Click the + button to select additional validators

9. Review the transaction details and click Confirm

10. Open the relevant network app on your Ledger device

11. Approve the transaction with your Ledger device 

Tracking Your Rewards

• Navigate to the Assets earning rewards tab in the Earn section

• View your active staking positions and accumulated rewards

• Rewards are updated once daily, and staked amounts are refreshed every five minutes 

Unstaking Your Assets

1. Navigate to Accounts and select the account for the staked asset

2. Click on the staking position you want to manage

3. Click Unstake

4. Enter the amount to unstake

5. Click Confirm after reviewing network fees 

Important: Different assets have varying cooldown periods. For example, TRX requires a 14-day cooldown period, while USDe has a 7-day withdrawal cooldown during which no rewards are earned .

Claiming Your Rewards

1. Navigate to Accounts and select the account for the staked asset

2. Click Claim

3. Confirm the transaction with your Ledger device 

Withdrawing Your Assets (After Unstaking Cooldown)

1. Navigate to Accounts and select the account for the unstaked asset

2. Click Withdraw

3. Confirm the transaction with your Ledger device 

Critical Security Points

• Never share your 24-word recovery phrase - Ledger will never ask for this

• All transactions require physical confirmation on your Ledger device

• You maintain full custody of your assets at all times - your private keys never leave the hardware wallet 

• Rewards are estimates and not guaranteed - Ledger does not provide financial advice 

Official Links

🔗 Official Ledger Live Download: https://www.ledger.com/ledger-live

🔗 Ledger Support Center: https://support.ledger.com

🔗 Official Ledger Website: https://www.ledger.com

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