Introduction

Staking DODO can be an excellent choice for those looking to hold dodo 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. 1. Acquire DODO (dodo) Tokens

   To stake DODO, you first need to acquire it. To obtain DODO, you'll need to purchase it. You can choose from these well-known exchanges available in Germany.

   Plattform	Kryptowährung	Price
   Binance	DODO (dodo)	0,02 APY
   Bake	DODO (dodo)	0,02 APY
   BingX	DODO (dodo)	0,02 APY
   Bitget	DODO (dodo)	0,02 APY
   Bitmart	DODO (dodo)	0,05 APY
   Bitpanda	DODO (dodo)	0,15 APY

   View all 28 prices

2. 2. Select a DODO Wallet

   Once you have dodo, you'll need to select a DODO wallet to securely store your tokens. Here are some solid options to consider.

3. 3. Delegate Your dodo

   We recommend using a staking pool when staking dodo. It's simpler and faster to get started. A staking pool is a collective of validators who pool their dodo, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 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 DODO network. For these validations, you will be rewarded with dodo.

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.