Introduction
Staking Decentraland can be an excellent choice for those looking to hold MANA 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've created this guide to assist you.
Step-by-Step Anleitung
1. Acquire Decentraland (MANA) Tokens
To stake Decentraland, you first need to acquire it. To obtain Decentraland, you'll need to purchase it. You can choose from these well-known exchanges available in Germany.
View all 51 pricesPlattform Kryptowährung Price Nexo Decentraland (MANA) 0,12 APY PrimeXBT Decentraland (MANA) 0,12 APY YouHodler Decentraland (MANA) 0,12 APY Binance Decentraland (MANA) 0,12 APY BTSE Decentraland (MANA) 0,12 APY OKX Decentraland (MANA) 0,23 APY 2. Select a Decentraland Wallet
Once you have MANA, you'll need to select a Decentraland wallet to securely store your tokens. Here are some solid options to consider.
3. Delegate Your MANA
We recommend using a staking pool when staking MANA. It's simpler and faster to get started. A staking pool is a collective of validators who pool their MANA, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
4. Start Validating
You will need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you will automatically validate transactions on the Decentraland network. For these validations, you will be rewarded with MANA.
What to Consider
There are transaction and staking pool fees you need to consider. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, and this process can take some time.
Recent Developments
- Market capitalization
- US$916.82M
- 24h Handelsvolumen
- US$82.37M
- Circulating supply
- 1,87B MANA
