Introduction

Staking FairERC20 can be an excellent option for those who wish to hold FERC 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. 1. Obtain FairERC20 (FERC) Tokens

   To stake FairERC20, you need to possess it. To obtain FairERC20, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Gate.io	FairERC20 (FERC)	0

2. 2. Choose a FairERC20 Wallet

   Once you have FERC, you'll need to choose a FairERC20 wallet to store your tokens. Here are some suitable options.

3. 3. Delegate Your FERC

   We recommend using a staking pool when staking FERC. It's simpler and quicker to get started. A staking pool is a group of validators who combine their FERC, which increases their chances of validating transactions and earning rewards. You can do this through your wallet's interface.

4. 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 FairERC20 network. You will be rewarded with FERC 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.