Reduced Trading Fees and Built-in Staking
Swap & Bridge fees now drop from a flat 0.5% to as low as 0%, tiered by your $stkWALLET. Staking and unstaking are built directly into Ambire and are live in the extension and mobile app.
Exciting times ahead: trading fees have dropped, staking is now built directly into Ambire, and the bull season can officially start.
All the updates from this article are already live in the browser extension and the mobile app, which is being rolled out to more users!
Dropping swap fees all the way to 0%
Ambire has always had one of the lowest swap fees in the wallet space, but we felt this could be further improved to benefit $WALLET holders directly. The team proposed introducing tiered fees based on holdings, and the governance vote successfully passed in June.
The flat 0.5% fee in Swap & Bridge has now been updated to a tiered fee structure based on how much $stkWALLET (staked $WALLET) you hold.
Stake $WALLET and pay as little as 0% in trading fees.
The more you stake, the less you pay - meaning that the most committed holders pay 0% in fees. The reduced trading fee tiers are the following:
Ambire Swap & Bridge enables you to swap and bridge across chains in a single interface. It’s powered by all major aggregators, including routes by LI.FI (Jumper), Socket (Bungee), Uniswap API, and soon CoW Swap.
Our goal is to make Ambire the best place to swap, with fees that drop all the way to zero the more $stkWALLET you hold.
All fees generated by Swap & Bridge are directed to $WALLET buybacks on the open market. This creates a direct link between wallet usage and token demand, aligning incentives between wallet growth and token holders.
Stake $WALLET, right inside the wallet
To make the staking experience straightforward, we built staking (and unstaking) flows directly inside the wallet where your assets already live.
You can reach the staking module in three ways: from the Explore page, through the $WALLET token module, or within Swap & Bridge.
Using the staking amount slider, you can clearly see how many tokens need to be staked to get into a particular fee tier. Token unstaking is available in the "Unstake" tab.
$WALLET staking and unstaking made easy!
A quick refresher on how $WALLET staking works:
- Stake $WALLET and receive $stkWALLET at a 1:1 ratio.
- Staking rewards automatically accrue all the time, no manual work needed.
- Unstake with a 30-day cooldown. $stkWALLET is converted to xWALLET during this period, and no rewards accrue during this period.
Holding $stkWALLET now comes with multiple benefits:
- Reduced trading fees in Swap & Bridge
- 2% APY earn
- Full voting power in Ambire Governance (unstaked $WALLET tokens give only half the voting power)
Check out the Ambire Token page for all the latest info on token statistics, buybacks, and governance votes.
These changes are no accident: thanks to the Ambire users who took the time to reach out with suggestions. A lot of you told us staking felt clunky because it lived outside the wallet in the Rewards app, and that understanding how $WALLET works shouldn't require leaving Ambire to figure it out. We listened and delivered.
Our goal remains the same: build the best wallet and help holders win as it grows. As always, we’re open to hearing how we can further improve the wallet for you, so make sure to join us on X or Telegram/Discord and share your feedback!
Interested in Ambire? Follow us:
Discord | X (Twitter) | Reddit | GitHub | Telegram
