How to Stake Marlin (POND)

Introduction

Staking Marlin can be an excellent choice for those 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've created this guide to assist you.

Step-by-Step Anleitung

1. 1. Acquire Marlin (POND) Tokens

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

   Plattform	Kryptowährung	Price
   Binance	Marlin (POND)	0 APY
   Coinbase	Marlin (POND)	0 APY
   Kraken	Marlin (POND)	0 APY
   BingX	Marlin (POND)	0 APY
   Bitget	Marlin (POND)	0 APY
   Bitpanda	Marlin (POND)	0,02 APY

   View all 35 prices

2. 2. Select a Marlin Wallet

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

   Plattform	Kryptowährung	Staking rewards
   Binance	Marlin (POND)	Up to 1,82 % APY

3. 3. Delegate Your POND

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

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.