Introduction

Staking Spookyswap can be a great option for those who want to hold BOO 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 Spookyswap (BOO) Tokens

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

   Platform	Coin	Cost
   CoinEx	Spookyswap (BOO)	0.3

2. 2. Choose a Spookyswap Wallet

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

3. 3. Delegate Your BOO

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