How to Stake Mantle (MNT) in Australia

Introduction

Staking Mantle can be a great option for those who want to hold MNT 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 Mantle (MNT) Tokens

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

   Platform	Coin	Cost
   YouHodler	Mantle (MNT)	0.98
   Coinbase	Mantle (MNT)	0.98
   Kraken	Mantle (MNT)	0.98
   Uphold	Mantle (MNT)	0.68
   Bake	Mantle (MNT)	0.98
   BingX	Mantle (MNT)	0.99

   See all 27 prices

2. 2. Choose a Mantle Wallet

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

   Platform	Coin	Staking returns
   YouHodler	Mantle (MNT)	Up to 15% % p.a.

3. 3. Delegate Your MNT

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