Where and How to Stake Stafi (FIS)

Introduction

Staking Stafi can be a great choice for those who want to hold FIS 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 Stafi (FIS) Tokens

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

   Platform	Loonies	Price
   Uphold	Stafi (FIS)	0.16
   Kraken	Stafi (FIS)	0.1
   Binance	Stafi (FIS)	0.11
   Coinbase	Stafi (FIS)	0.11
   BingX	Stafi (FIS)	0.11
   Bitget	Stafi (FIS)	0.11

   See all 32 prices

2. 2. Select a Stafi Wallet

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

   Platform	Loonies	Staking rewards
   Stakin	Stafi (FIS)	Up to 9.49% annual percentage yield

3. 3. Delegate Your FIS

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