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Staking DODO can be an excellent option for those who wish to hold dodo 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.
To stake DODO, you need to possess it. To obtain DODO, you'll need to purchase it. You can choose from these popular exchanges.
| Platform | Coin | Price |
|---|---|---|
| Binance | DODO (dodo) | 0.02 |
| Bake | DODO (dodo) | 0.02 |
| BingX | DODO (dodo) | 0.02 |
| Bitget | DODO (dodo) | 0.02 |
| Bitmart | DODO (dodo) | 0.05 |
| Bitpanda | DODO (dodo) | 0.15 |
Once you have dodo, you'll need to choose a DODO wallet to store your tokens. Here are some suitable options.
We recommend using a staking pool when staking dodo. It's simpler and quicker to get started. A staking pool is a group of validators who combine their dodo, which increases their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
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 DODO network. You will be rewarded with dodo for these validations.
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.
