Introduction
Staking The Graph can be a great option for those who want to hold GRT 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 The Graph (GRT) tokens
In order to stake The Graph, you need to have it. To obtain The Graph, you'll need to purchase it. You can choose from these popular exchanges.
- 2
Choose a The Graph wallet
Once you have GRT, you’ll need to choose a The Graph wallet to store your tokens. Here are some good options.
- 3
Delegate your GRT
We recommend using a staking pool when staking GRT. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their GRT, 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 The Graph network. You’ll be rewarded with GRT 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
The Graph (GRT) is currently priced at $0.1985, with a 24-hour trading volume of $82.40M. In the last 24 hours, The Graph has experienced a decrease to -1.2. The market cap of The Graph stands at $1.91B, with 9.51B in circulation. For those looking to buy or trade The Graph, reputable platforms like Uphold, Wirex, Kraken, Binance, OKX and Coinbase offer avenues to do so securely and efficiently.
- Market cap
- $1.91B
- Volume
- $82.40M
- Circulating supply
- $9.51B
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