Earn up to
7% p.a.
A comprehensive guide on how to stake The Sandbox (SAND)
We have a wealth of data on staking The Sandbox (SAND) and we're pleased to share some of this with you.
We present some staking options with other coins that may be of interest.
The Sandbox (SAND) is currently priced at USD 7 with a 24-hour trading volume of USD 213.44M. The market cap of The Sandbox stands at USD 1.41B, with 2.45B SAND in circulation. For those looking to buy or trade The Sandbox, YouHodler offers avenues to do so securely and efficiently
Staking The Sandbox can be a great option for those who want to hold SAND while earning yield safely and contributing to the network. The steps may seem daunting, especially the first time you attempt them. That's why we've created this guide for you.
To stake The Sandbox, you need to own it. To obtain The Sandbox, you'll need to buy it. You can choose from these popular exchanges.
Once you have SAND, you'll need to choose a The Sandbox wallet to store your tokens. Here are some great options.
| Platform | Coin | Staking returns |
|---|---|---|
| YouHodler | The Sandbox (SAND) | Up to 7% p.a. |
We recommend using a staking pool when staking SAND. It's simpler and quicker to get started. A staking pool is a group of validators who combine their SAND, increasing their chances 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 The Sandbox network. You'll be rewarded with SAND for these validations.
There are transaction and staking pool fees to consider. Additionally, there may be a waiting period before you start earning rewards. The staking pool needs to generate blocks, which can take some time.
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