Introduction
Staking Gnosis can be a great option for those who want to hold GNO 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 Gnosis (GNO) Tokens
To stake Gnosis, you need to own it. To obtain Gnosis, you'll need to buy it. You can choose from these popular exchanges.
See all 40 pricesPlatform Coin Cost Binance Gnosis (GNO) 143.49 Coinbase Gnosis (GNO) 142.78 Kraken Gnosis (GNO) 140.78 Uphold Gnosis (GNO) 132.82 Bake Gnosis (GNO) 143.76 BingX Gnosis (GNO) 143.43 2. Choose a Gnosis Wallet
Once you have GNO, you'll need to choose a Gnosis wallet to store your tokens. Here are some great options.
3. Delegate Your GNO
We recommend using a staking pool when staking GNO. It's simpler and quicker to get started. A staking pool is a group of validators who combine their GNO, 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 Gnosis network. You'll be rewarded with GNO 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 644.21M
- 24-hour volume
- USDĀ 7.39M
- Circulating supply
- 2.59M GNO
