How to Stake Marlin (POND) for better returns

Introduction

Staking Marlin can be an excellent choice for individuals looking to hold POND 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 Marlin (POND) Tokens

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

   平台	Coin	Price
   Binance	Marlin (POND)	0.01 APY
   Coinbase	Marlin (POND)	0.01 APY
   Kraken	Marlin (POND)	0.01 APY
   BingX	Marlin (POND)	0.01 APY
   Bitget	Marlin (POND)	0.01 APY
   Bitpanda	Marlin (POND)	0.02 APY

   View all 35 prices

2. 2. Select a Marlin Wallet for Your Needs

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

   平台	Coin	Staking returns
   Binance	Marlin (POND)	Up to 2.72% APY

3. 3. Delegate Your POND for Enhanced Returns

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

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.