Where and How to Stake Navio (NAV)

Introduction

Staking Navio can be a great choice for those who want to hold NAV 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 Navio (NAV) Tokens

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

   Platform	Loonies	Price
   MEXC Global	Navio (NAV)	0.04

2. 2. Select a Navio Wallet

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

   Platform	Loonies	Staking rewards
   MyCointainer	Navio (NAV)	Up to 4.1 annual percentage yield

3. 3. Delegate Your NAV

   We recommend using a staking pool when staking NAV. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their NAV, 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 Navio network. You'll be rewarded with NAV 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.