Where and How to Stake Gains Network (GNS)

Introduction

Staking Gains Network can be a great choice for those who want to hold GNS but earn yield in a secure way while contributing to the network. The steps can be a little overwhelming, especially the first time you go through them. That’s why we’ve put this guide together for you.

Step-by-step Guide

1. 1. Get Gains Network (GNS) Tokens

   To stake Gains Network, you need to have it. To obtain Gains Network, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Loonies	Price
   Uphold	Gains Network (GNS)	1.19
   Binance	Gains Network (GNS)	1.63
   MEXC Global	Gains Network (GNS)	1.63
   Bitmart	Gains Network (GNS)	1.63
   Bitget	Gains Network (GNS)	1.63
   Gate.io	Gains Network (GNS)	1.63

   See all 27 prices

2. 2. Select a Gains Network Wallet

   Once you have GNS, you’ll need to choose a Gains Network wallet to store your tokens. Here are some good options.

   Platform	Loonies	Staking rewards
   Binance	Gains Network (GNS)	Up to 0.5% annual percentage yield

3. 3. Delegate Your GNS

   We recommend using a staking pool when staking GNS. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their GNS, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.

4. 4. Start Validating

   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 Gains Network network. You'll be rewarded with GNS for these validations.

What to be Aware of

There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.