Introduction
Staking Akita Inu can be an excellent option for those who wish to hold akt while earning AER in a secure manner and contributing to the network. The process may seem a bit overwhelming, particularly the first time you undertake it. That's why we've compiled this guide for you.
Step-by-Step Guide
1. Obtain Akita Inu (akt) Tokens
To stake Akita Inu, you need to possess it. To obtain Akita Inu, you'll need to purchase it. You can choose from these popular exchanges.
2. Choose a Akita Inu Wallet
Once you have akt, you'll need to choose a Akita Inu wallet to store your tokens. Here are some suitable options.
Platform Coin Staking rewards Kucoin Akita Inu (akt) Up to 6.5% AER 3. Delegate Your akt
We recommend using a staking pool when staking akt. It's simpler and quicker to get started. A staking pool is a group of validators who combine their akt, which increases their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
4. Start Validating
You will need to wait for your deposit to be confirmed by your wallet. Once it is confirmed, you will automatically validate transactions on the Akita Inu network. You will be rewarded with akt for these validations.
What to Be Aware Of
There are transaction and staking pool fees you need to consider. There may also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.
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