How to Stake Divi (DIVI) in Australia

Introduction

Staking Divi can be a great option for those who want to hold DIVI 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. 1. Obtain Divi (DIVI) Tokens

   To stake Divi, you need to own it. To obtain Divi, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Cost
   MEXC Global	Divi (DIVI)	0

2. 2. Choose a Divi Wallet

   Once you have DIVI, you'll need to choose a Divi wallet to store your tokens. Here are some great options.

   Platform	Coin	Staking returns
   MyCointainer	Divi (DIVI)	Up to 12.1% p.a.

3. 3. Delegate Your DIVI

   We recommend using a staking pool when staking DIVI. It's simpler and quicker to get started. A staking pool is a group of validators who combine their DIVI, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.

4. 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 Divi network. You'll be rewarded with DIVI 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.