Earn up to
13,8% APY
An in-depth guide on how to stake Shiden Network (SDN)
We have a lot of data on staking Shiden Network (SDN) and we share some of this with you.
We show you some staking options with other coins that could be of interest.
Shiden Network (SDN) is currently priced at US$13.8 with a 24-hour trading volume of US$79,494. The market cap of Shiden Network stands at US$10.63M, with 65,29M SDN in circulation. For those looking to buy or trade Shiden Network, MyCointainer offers avenues to do so securely and efficiently}
Staking Shiden Network can be a great option for those who want to hold SDN 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 Shiden Network, you need to have it. To obtain Shiden Network, you'll need to purchase it. You can choose from these popular exchanges.
Once you have SDN, you’ll need to choose a Shiden Network wallet to store your tokens. Here are some good options.
| Platform | Coin | Staking rewards |
|---|---|---|
| MyCointainer | Shiden Network (SDN) | Up to 13,8% APY |
We recommend using a staking pool when staking SDN. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their SDN, 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 Shiden Network network. You’ll be rewarded with SDN 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.
SDN
ADA
BCH
BNB
BTC
DOGE
ETH
FIGR_HELOC
LINK
SOL
STETH
TRX
USDC
