Introduction

Staking TOMI can be an excellent choice for those looking to hold TOMI while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.

Step-by-Step Guide for Spain 1

1. 1. Acquire TOMI (TOMI) Tokens

   To stake TOMI, you first need to acquire it. To obtain TOMI, you'll have to buy it. You can select from these well-known exchanges.

2. 2. Select a TOMI Wallet

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

3. 3. Delegate Your TOMI

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

4. 4. Start Validating

   You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the TOMI network. You'll be rewarded with TOMI for these validations.

What to Keep in Mind

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 will need to generate blocks, and this process can take some time.