Kraken has launched Avalanche (AVAX) staking as part of its Earn lineup, offering three staking options for eligible users globally. The platform is promoting a limited-time bonded staking rate of up to 10% APY, which will adjust to 7% APY after the introductory period. Additionally, Auto Earn and Flexible Staking options are available at up to 3.5% APY. All rewards are automatically restaked, allowing users to compound returns without managing validators. John Zettler, Kraken’s Director of Earn Products, emphasized the simplicity of their staking offerings, which eliminate the need for users to handle technical complexities. Ava Labs’ Chief Business Officer, John Nahas, highlighted the importance of removing technical barriers to increase participation in Avalanche staking. This initiative comes as AVAX trades around $9.39, down 58.7% over the past year, with the new staking options aimed at boosting demand and network security.