Introduction
Staking TENET can be a great option for those who want to hold TENET 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
- 1
Obtain TENET (TENET) tokens
In order to stake TENET, you need to have it. To obtain TENET, you'll need to purchase it. You can choose from these popular exchanges.
- 2
Choose a TENET wallet
Once you have TENET, you’ll need to choose a TENET wallet to store your tokens. Here are some good options.
- 3
Delegate your TENET
We recommend using a staking pool when staking TENET. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their TENET, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
- 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 TENET network. You’ll be rewarded with TENET 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.
Latest movements
TENET (TENET) is currently priced at $0.0089, with a 24-hour trading volume of $638.45K. In the last 24 hours, TENET has seen an increase to 0.11. The market cap of TENET stands at $4.73M, with 421.35M in circulation. For those looking to buy or trade TENET, reputable platforms like MEXC Global, BingX, Kucoin, Bitget and Bybit offer avenues to do so securely and efficiently.
- Market cap
- $4.73M
- Volume
- $638.45K
- Circulating supply
- $421.35M