How to Stake Marlin (POND) in Australia

Introduction

Staking Marlin can be a great option for those who want to hold POND 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 Marlin (POND) Tokens

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

   Platform	Coin	Cost
   Binance	Marlin (POND)	0
   Coinbase	Marlin (POND)	0
   Kraken	Marlin (POND)	0
   BingX	Marlin (POND)	0
   Bitget	Marlin (POND)	0
   Bitpanda	Marlin (POND)	0.02

   See all 35 prices

2. 2. Choose a Marlin Wallet

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

   Platform	Coin	Staking returns
   Binance	Marlin (POND)	Up to 1.82% % p.a.

3. 3. Delegate Your POND

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