Earn up to
4.9% APY
An in-depth guide on the best way to stake MOVR.
We have a lot of data on staking Moonriver and we share some of this with you.
We show you some staking options with other coins that could be of interest.
Moonriver (MOVR) is currently priced at $12.63, with a 24-hour trading volume of $5.34M. In the last 24 hours, Moonriver has experienced a decrease to -1.78. The market cap of Moonriver stands at $115.56M, with 8.94M in circulation. For those looking to buy or trade Moonriver, reputable platforms like Binance offer avenues to do so securely and efficiently.
Staking Moonriver can be a great option for those who want to hold MOVR 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.
In order to stake Moonriver, you need to have it. To obtain Moonriver, you'll need to purchase it. You can choose from these popular exchanges.
Once you have MOVR, you’ll need to choose a Moonriver wallet to store your tokens. Here are some good options.
We recommend using a staking pool when staking MOVR. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their MOVR, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
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 Moonriver network. You’ll be rewarded with MOVR for these validations.
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.
