Introduction

Staking Dogelon Mars can be an excellent choice for those looking to hold ELON 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 Dogelon Mars (ELON) Tokens

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

   Plattform	Kryptowährung	Price
   OKX	Dogelon Mars (ELON)	0 APY
   BingX	Dogelon Mars (ELON)	0 APY
   Bitget	Dogelon Mars (ELON)	0 APY
   Bitmart	Dogelon Mars (ELON)	0 APY
   CoinEx	Dogelon Mars (ELON)	0 APY
   Crypto.com	Dogelon Mars (ELON)	0 APY

   View all 26 prices

2. 2. Select a Dogelon Mars Wallet

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

3. 3. Delegate Your ELON

   We recommend using a staking pool when staking ELON. It's simpler and faster to get started. A staking pool is a collective of validators who pool their ELON, 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 Dogelon Mars network. For these validations, you will be rewarded with ELON.

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.