How to Stake Optimism (OP)

Introduction

Staking Optimism can be an excellent choice for those looking to hold OP 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 Optimism (OP) Tokens

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

   Plattform	Kryptowährung	Price
   Nexo	Optimism (OP)	0,27 APY
   PrimeXBT	Optimism (OP)	0,27 APY
   YouHodler	Optimism (OP)	0,27 APY
   Binance	Optimism (OP)	0,27 APY
   BTSE	Optimism (OP)	0,27 APY
   OKX	Optimism (OP)	0,72 APY

   View all 45 prices

2. 2. Select a Optimism Wallet

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

3. 3. Delegate Your OP

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

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.