How to Stake Earn Network (EARN) in Australia

Introduction

Staking Earn Network can be a great option for those who want to hold EARN 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 Earn Network (EARN) Tokens

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

   Platform	Coin	Cost
   MEXC Global	Earn Network (EARN)	0.0000345

2. 2. Choose a Earn Network Wallet

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

   Platform	Coin	Staking returns
   MyCointainer	Earn Network (EARN)	Up to 2% p.a.

3. 3. Delegate Your EARN

   We recommend using a staking pool when staking EARN. It's simpler and quicker to get started. A staking pool is a group of validators who combine their EARN, 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 Earn Network network. You'll be rewarded with EARN 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.