How to Stake Stafi (FIS): A Comprehensive Guide for Australians

Introduction

Staking Stafi can be a great option for those who want to hold FIS 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. Obtain Stafi (FIS) Tokens
To stake Stafi, you need to own it. To obtain Stafi, you'll need to buy it. You can choose from these popular exchanges.
Platform Coin Cost
Binance Stafi (FIS) 0.02
Coinbase Stafi (FIS) 0.02
Kraken Stafi (FIS) 0.02
Uphold Stafi (FIS) 0.16
BingX Stafi (FIS) 0.12
Bitget Stafi (FIS) 0.02
See all 34 prices
2. Choose a Stafi Wallet
Once you have FIS, you'll need to choose a Stafi wallet to store your tokens. Here are some great options.
3. Delegate Your FIS
We recommend using a staking pool when staking FIS. It's simpler and quicker to get started. A staking pool is a group of validators who combine their FIS, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
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 Stafi network. You'll be rewarded with FIS for these validations.

Platform	Coin	Cost
Binance	Stafi (FIS)	0.02
Coinbase	Stafi (FIS)	0.02
Kraken	Stafi (FIS)	0.02
Uphold	Stafi (FIS)	0.16
BingX	Stafi (FIS)	0.12
Bitget	Stafi (FIS)	0.02

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.