How to Stake Stride Staked Umee (STUMEE)

Introduction

Staking Stride Staked Umee can be an excellent choice for those looking to hold STUMEE 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 Stride Staked Umee (STUMEE) Tokens

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

   Plattform	Kryptowährung	Price
   MEXC Global	Stride Staked Umee (STUMEE)	0,0003256 APY

2. 2. Select a Stride Staked Umee Wallet

   Once you have STUMEE, you'll need to select a Stride Staked Umee wallet to securely store your tokens. Here are some solid options to consider.

   Plattform	Kryptowährung	Staking rewards
   MyCointainer	Stride Staked Umee (STUMEE)	Up to 15,8 % APY
   Stakewolle	Stride Staked Umee (STUMEE)	Up to 16,97 % APY
   Stakin	Stride Staked Umee (STUMEE)	Up to 11,98 % APY

   Discover all 5 staking rewards available

3. 3. Delegate Your STUMEE

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

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.