Introduction
Staking JUNO can be a great option for those who want to hold JUNO but earn yield in a safe way while contributing to the network. The steps can be a bit daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-Step Guide
1. Acquire JUNO (JUNO) Tokens
To stake JUNO, you need to own it. To get JUNO, you'll need to buy it. You can select from these popular exchanges.
See all 4 pricesPlatform Coin Price Kraken JUNO (JUNO) 0.08 MEXC Global JUNO (JUNO) 0.1 2. Choose a JUNO Wallet
Once you have JUNO, you’ll need to choose a JUNO wallet to store your tokens. Here are some good options.
See all 6 staking rewardsPlatform Coin Staking rewards Stakely.io JUNO (JUNO) Up to 23.81% APY Stakewolle JUNO (JUNO) Up to 30.57% APY Stakin JUNO (JUNO) Up to 25.57% APY 3. Delegate Your JUNO
We recommend using a staking pool when staking JUNO. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their JUNO, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
4. Start Validating
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 JUNO network. You’ll be rewarded with JUNO for these validations.
What to be Aware of
There are transaction and staking pool fees you need to consider. There might also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.
Latest Movements
JUNO (JUNO) is currently priced at USD 23.81 with a 24-hour trading volume of USD 87,352. The market cap of JUNO stands at USD 14.31M, with 79.51M JUNO in circulation. For those looking to buy or trade JUNO, Stakely.io offers avenues to do so securely and efficiently
- Market cap
- USD 14.31M
- 24h volume
- USD 87,352
- Circulating supply
- 79.51M JUNO