How to Stake DODO (dodo): A Comprehensive Guide for Australians

Introduction

Staking DODO can be a great option for those who want to hold dodo 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 DODO (dodo) Tokens
To stake DODO, you need to own it. To obtain DODO, you'll need to buy it. You can choose from these popular exchanges.
Platform Coin Cost
Binance DODO (dodo) 0.02
Bake DODO (dodo) 0.02
BingX DODO (dodo) 0.02
Bitget DODO (dodo) 0.02
Bitmart DODO (dodo) 0.05
Bitpanda DODO (dodo) 0.15
See all 28 prices
2. Choose a DODO Wallet
Once you have dodo, you'll need to choose a DODO wallet to store your tokens. Here are some great options.
3. Delegate Your dodo
We recommend using a staking pool when staking dodo. It's simpler and quicker to get started. A staking pool is a group of validators who combine their dodo, 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 DODO network. You'll be rewarded with dodo for these validations.

Platform	Coin	Cost
Binance	DODO (dodo)	0.02
Bake	DODO (dodo)	0.02
BingX	DODO (dodo)	0.02
Bitget	DODO (dodo)	0.02
Bitmart	DODO (dodo)	0.05
Bitpanda	DODO (dodo)	0.15

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.