Latest Movements
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- Market cap
- US$1.31B
- 24h volume
- US$104.33M
- Circulating supply
- 892 632,9 MKR
Earn up to
7% APY
An in-depth guide on how to stake Maker (MKR)
We have a lot of data on staking Maker (MKR) and we share some of this with you.
We show you some staking options with other coins that could be of interest.
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Staking Maker can be a great option for those who want to hold MKR but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
In order to stake Maker, you need to have it. To obtain Maker, you'll need to purchase it. You can choose from these popular exchanges.
| Platform | Coin | Price |
|---|---|---|
| Nexo | Maker (MKR) | 2 224,69 |
| PrimeXBT | Maker (MKR) | 1 675,3 |
| YouHodler | Maker (MKR) | 1 813,7 |
| Binance | Maker (MKR) | 1 813,7 |
| BTSE | Maker (MKR) | 1 790,92 |
| Coinbase | Maker (MKR) | 1 386,35 |
Once you have MKR, you’ll need to choose a Maker wallet to store your tokens. Here are some good options.
| Platform | Coin | Staking rewards |
|---|---|---|
| YouHodler | Maker (MKR) | Up to 7% APY |
We recommend using a staking pool when staking MKR. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their MKR, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
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 Maker network. You’ll be rewarded with MKR for these validations.
There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.