Introduction

Staking HyperCash can be an excellent option for those who wish to hold HC 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 HyperCash (HC) Tokens

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

  2. 2. Choose a HyperCash Wallet

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

  3. 3. Delegate Your HC

    We recommend using a staking pool when staking HC. It's simpler and quicker to get started. A staking pool is a group of validators who combine their HC, 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 HyperCash network. You will be rewarded with HC 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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Important Notice

Important Notice