How to Stake Stargaze (STARS) in Australia

Introduction

Staking Stargaze can be a great option for those who want to hold STARS 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 Stargaze (STARS) Tokens

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

   Platform	Coin	Cost
   CoinEx	Stargaze (STARS)	0.0008035

2. 2. Choose a Stargaze Wallet

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

   Platform	Coin	Staking returns
   Stakewolle	Stargaze (STARS)	Up to 30.56% % p.a.
   Stakin	Stargaze (STARS)	Up to 13.48% % p.a.

   View all 4 staking rewards

3. 3. Delegate Your STARS

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