Yes, it is possible to stake AVAX coins. Avalanche blockchain uses a proof-of-stake consensus mechanism, which allows holders of AVAX to earn rewards for participating in the network by holding and staking their coins.

Staking involves holding AVAX in a special wallet that is connected to the network and participating in the validation of transactions.
Stakers receive rewards for their participation in AVAX tokens.

To stake AVAX, you have two options. First, you can run your own validator node, which is costlier because you must stake 2,000 AVAX.

Or you can stake to an existing validator, which involves a much easier process called delegating. This only requires as little as 25 AVAX.

Most investors prefer delegating to a trustworthy validator for convenience.

Validators set their own fee percentage, but the protocol requires a minimum of 2%. Delegating to a validator can lower your APR due to these fees, which typically account for only 10% of the APR. However, some validators may have fees as high as 50%, so it’s important to choose carefully. Using the Avalanche Wallet allows you to view the fees of each validator before staking.

Also, keep in mind that when you want to stake AVAX, there is a fee of 0.001 AVAX for the transfer transaction from your X-CHAIN address to your P-CHAIN address.

The APR for staking AVAX to a validator is currently around 8%. To get an updated APR, you can visit the stakingrewards page dedicated to AVAX staking.

If you choose to run your own validator node, yields can reach about 0.5% higher. However, keep in mind that running a validator involves higher initial and ongoing costs for server maintenance.

AVAX staking is the process of locking up some of your AVAX tokens from the Proof-of-Stake (PoS) Avalanche blockchain to help validate blocks and secure the network. In return, you will receive AVAX staking rewards. There are three different ways to stake AVAX:

• Running your own network validator: Running your own validator node requires having 2,000 AVAX available and a machine that’s on and connected to the internet 24/7. This solution allows on average to obtain 0.5% more APR but this is the most challenging staking method.
• Staking by being Delegator: A delegator is an AVAX token holder that chooses to trust an existing validating node through delegation. Delegators are rewarded according to the same function as validators. However, the validator that you delegate to keeps a portion of your reward specified by the validator’s delegation fee rate. Staking via delegating your AVAX is the simplest solution that allows you to earn rewards and keep full custody of your AVAX.
• Staking via a centralized exchange: Exchanges such as Coinbase and Binance provide support for AVAX staking. The process allows you to start earning rewards on your AVAX. Keep in mind that with this method, you will not have ownership and custody of your AVAX.