Introduction

Staking Dogelon Mars can be a great option for those who want to hold ELON but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That's why we've put this guide together for you.

Step-by-Step Guide

1. 1. Obtain Dogelon Mars (ELON) Tokens

   In order to stake Dogelon Mars, you need to have it. To obtain Dogelon Mars, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   OKX	Dogelon Mars (ELON)	0
   MEXC Global	Dogelon Mars (ELON)	0
   Bitget	Dogelon Mars (ELON)	0
   Bitmart	Dogelon Mars (ELON)	0
   Kucoin	Dogelon Mars (ELON)	0
   Gate.io	Dogelon Mars (ELON)	0

   See all 26 prices

2. 2. Choose a Dogelon Mars Wallet

   Once you have ELON, you'll need to choose a Dogelon Mars wallet to store your tokens. Here are some good options.

3. 3. Delegate Your ELON

   We recommend using a staking pool when staking ELON. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their ELON, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet's interface.

4. 4. Start Validating

   You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Dogelon Mars network. You'll be rewarded with ELON for these validations.

What to be Aware of

There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.