Introduction
Staking Berachain BERA can be a great option for those who want to hold BERA 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.
Step-by-Step Guide
1. Obtain Berachain BERA (BERA) Tokens
To stake Berachain BERA, you need to own it. To obtain Berachain BERA, you'll need to buy it. You can choose from these popular exchanges.
2. Choose a Berachain BERA Wallet
Once you have BERA, you'll need to choose a Berachain BERA wallet to store your tokens. Here are some great options.
3. Delegate Your BERA
We recommend using a staking pool when staking BERA. It's simpler and quicker to get started. A staking pool is a group of validators who combine their BERA, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
4. Begin Validation
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 Berachain BERA network. You'll be rewarded with BERA for these validations.
What to Be Aware Of
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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