Introduction
Staking Dogelon Mars can be a great option for those who want to hold ELON 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 Dogelon Mars (ELON) Tokens
To stake Dogelon Mars, you need to own it. To obtain Dogelon Mars, you'll need to buy it. You can choose from these popular exchanges.
2. Choose a Dogelon Mars Wallet
Once you have ELON, you'll need to choose a Dogelon Mars wallet to store your tokens. Here are some great options.
3. Delegate Your ELON
We recommend using a staking pool when staking ELON. It's simpler and quicker to get started. A staking pool is a group of validators who combine their ELON, 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 Dogelon Mars network. You'll be rewarded with ELON 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.
Latest Movements
- Market capitalisation
- USDĀ 108.2M
- 24-hour volume
- USDĀ 2.51M
- Circulating supply
- 549.65T ELON
