Introduction
Staking Gnosis can be an excellent option for those who wish to hold GNO 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 Gnosis (GNO) Tokens
To stake Gnosis, you need to possess it. To obtain Gnosis, you'll need to purchase it. You can choose from these popular exchanges.
View all 40 pricesPlatform Coin Price Binance Gnosis (GNO) 143.49 Coinbase Gnosis (GNO) 142.78 Kraken Gnosis (GNO) 140.78 Uphold Gnosis (GNO) 132.82 Bake Gnosis (GNO) 143.76 BingX Gnosis (GNO) 143.43 2. Choose a Gnosis Wallet
Once you have GNO, you'll need to choose a Gnosis wallet to store your tokens. Here are some suitable options.
3. Delegate Your GNO
We recommend using a staking pool when staking GNO. It's simpler and quicker to get started. A staking pool is a group of validators who combine their GNO, 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 Gnosis network. You will be rewarded with GNO 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
- Market capitalisation
- US$644.21M
- 24-hour volume
- US$7.39M
- Circulating supply
- 2.59M GNO
