How to Stake Agoric (BLD) for better returns

Introduction

Staking Agoric can be an excellent choice for individuals looking to hold BLD while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-time users. That's why we have created this comprehensive guide to assist you.

Step-by-Step Guide

1. 1. Acquire Agoric (BLD) Tokens

   To stake Agoric, you first need to acquire it. To obtain Agoric, you can purchase it from these well-known exchanges.

   Platform	Coin	Price
   Bitmart	Agoric (BLD)	0.01 APY
   CoinEx	Agoric (BLD)	0.01 APY
   CoinList	Agoric (BLD)	0.02 APY
   Gate.io	Agoric (BLD)	0.01 APY
   HTX	Agoric (BLD)	0.01 APY

   View all 9 prices

2. 2. Select a Agoric Wallet for Your Needs

   Once you have BLD, you'll need to select a Agoric wallet to securely store your tokens. Here are some excellent options to consider.

   Platform	Coin	Staking returns
   Chainode Tech	Agoric (BLD)	Up to 13% APY
   Stakely.io	Agoric (BLD)	Up to 10.23% APY
   Stakin	Agoric (BLD)	Up to 12.64% APY

   View all 6 staking rewards available

3. 3. Delegate Your BLD for Enhanced Returns

   We recommend utilizing a staking pool when staking BLD. It is more straightforward and quicker to get started. A staking pool consists of a collective of validators who pool their BLD, enhancing their chances of validating transactions and earning rewards. You can easily manage this through your wallet's interface.

4. 4. Begin Verification

   You will need to wait for your deposit to be confirmed by your wallet. Once it is confirmed, you will automatically validate transactions on the Agoric network. For these validations, you will be rewarded with BLD.

What to Consider in the Chinese Market

When engaging in transactions and participating in staking pools, it's important to factor in the associated fees. Additionally, there may be a waiting period before you begin to receive rewards. The staking pool must successfully generate blocks, which can require some time to accomplish.