Introduction
Staking Dock can be an excellent option for those who wish to hold DOCK 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 Dock (DOCK) Tokens
To stake Dock, you need to possess it. To obtain Dock, you'll need to purchase it. You can choose from these popular exchanges.
2. Choose a Dock Wallet
Once you have DOCK, you'll need to choose a Dock wallet to store your tokens. Here are some suitable options.
Platform Coin Staking rewards MyCointainer Dock (DOCK) Up to 9.3% AER 3. Delegate Your DOCK
We recommend using a staking pool when staking DOCK. It's simpler and quicker to get started. A staking pool is a group of validators who combine their DOCK, 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 Dock network. You will be rewarded with DOCK 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.
Latest Movements in the UK
missing en-gb translation: common.latest-movements-copy
- 24-hour volume
- US$6,445.79
