Earn up to
17.3% p.a.
A comprehensive guide on how to stake Essentia (ESS)
We have a wealth of data on staking Essentia (ESS) and we're pleased to share some of this with you.
We present some staking options with other coins that may be of interest.
Essentia (ESS) is currently priced at USD 17.3 with a 24-hour trading volume of USD 429.48. The market cap of Essentia stands at USD 222,027, with 1.08B ESS in circulation. For those looking to buy or trade Essentia, MyCointainer offers avenues to do so securely and efficiently
Staking Essentia can be a great option for those who want to hold ESS 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.
To stake Essentia, you need to own it. To obtain Essentia, you'll need to buy it. You can choose from these popular exchanges.
| Platform | Coin | Cost |
|---|---|---|
| Gate.io | Essentia (ESS) | 0.0000974 |
Once you have ESS, you'll need to choose a Essentia wallet to store your tokens. Here are some great options.
| Platform | Coin | Staking returns |
|---|---|---|
| MyCointainer | Essentia (ESS) | Up to 17.3% p.a. |
We recommend using a staking pool when staking ESS. It's simpler and quicker to get started. A staking pool is a group of validators who combine their ESS, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
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 Essentia network. You'll be rewarded with ESS for these validations.
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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