Where and How to Stake USDD (USDD)

Introduction

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

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

   Platform	Loonies	Price
   BTSE	USDD (USDD)	1
   Kucoin	USDD (USDD)	1
   Bitmart	USDD (USDD)	0.99
   LBank	USDD (USDD)	0.97
   Gate.io	USDD (USDD)	1
   FMFW.io	USDD (USDD)	0.99

   See all 18 prices

2. 2. Select a USDD Wallet

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

   Platform	Loonies	Staking rewards
   FMFW.io	USDD (USDD)	Up to 8 annual percentage yield

3. 3. Delegate Your USDD

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