Introduction

Staking LeverFi can be a great option for those who want to hold LEVER 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 LeverFi (LEVER) Tokens

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

   Platform	Coin	Cost
   Binance	LeverFi (LEVER)	0.000175
   BTSE	LeverFi (LEVER)	0.000321
   BingX	LeverFi (LEVER)	0.000067
   Bitget	LeverFi (LEVER)	0.000211
   Bitmart	LeverFi (LEVER)	0.000067
   Bitpanda	LeverFi (LEVER)	0

   See all 24 prices

2. 2. Choose a LeverFi Wallet

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

3. 3. Delegate Your LEVER

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