Introduction

Staking FairERC20 can be a great option for those who want to hold FERC 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 FairERC20 (FERC) Tokens

   To stake FairERC20, you need to own it. To obtain FairERC20, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Cost
   Gate.io	FairERC20 (FERC)	0

2. 2. Choose a FairERC20 Wallet

   Once you have FERC, you'll need to choose a FairERC20 wallet to store your tokens. Here are some great options.

3. 3. Delegate Your FERC

   We recommend using a staking pool when staking FERC. It's simpler and quicker to get started. A staking pool is a group of validators who combine their FERC, 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 FairERC20 network. You'll be rewarded with FERC 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.