Introduction

Staking Pendle can be a great option for those who want to hold PENDLE 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 Pendle (PENDLE) Tokens

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

   Platform	Coin	Cost
   PrimeXBT	Pendle (PENDLE)	4.82
   YouHodler	Pendle (PENDLE)	4.83
   Uphold	Pendle (PENDLE)	4.26
   Kraken	Pendle (PENDLE)	4.83
   OKX	Pendle (PENDLE)	2.94
   Binance	Pendle (PENDLE)	4.83

   See all 53 prices

2. 2. Choose a Pendle Wallet

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

3. 3. Delegate Your PENDLE

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