How to Stake Mantle (MNT) for better returns

Introduction

Staking Mantle can be an excellent choice for individuals looking to hold MNT 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 Mantle (MNT) Tokens

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

   Platform	Coin	Price
   YouHodler	Mantle (MNT)	1.11 APY
   Coinbase	Mantle (MNT)	1.11 APY
   Kraken	Mantle (MNT)	1.11 APY
   Uphold	Mantle (MNT)	0.68 APY
   Bake	Mantle (MNT)	1.11 APY
   BingX	Mantle (MNT)	1.11 APY

   View all 27 prices

2. 2. Select a Mantle Wallet for Your Needs

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

   Platform	Coin	Staking returns
   YouHodler	Mantle (MNT)	Up to 15% APY

3. 3. Delegate Your MNT for Enhanced Returns

   We recommend utilizing a staking pool when staking MNT. It is more straightforward and quicker to get started. A staking pool consists of a collective of validators who pool their MNT, 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 Mantle network. For these validations, you will be rewarded with MNT.

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.