Introduction
Staking iExec RLC can be a great option for those who want to hold RLC but earn yield in a safe way whilst contributing to the network. The steps can be a bit daunting, particularly the first time you do them. That’s why we’ve put this guide together for you.
Step-by-Step Guide
1. Obtain iExec RLC (RLC) Tokens
To stake iExec RLC, you need to have it. To obtain iExec RLC, you'll need to purchase it. You can choose from these popular exchanges.
2. Choose a iExec RLC Wallet
Once you have RLC, you’ll need to choose a iExec RLC wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards Bitmart iExec RLC (RLC) Up to 1 AER 3. Delegate Your RLC
We recommend using a staking pool when staking RLC. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their RLC, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
4. Start Validating
You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the iExec RLC network. You'll be rewarded with RLC 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
iExec RLC (RLC) is currently priced at US$1 with a 24-hour trading volume of US$5.92M. The market cap of iExec RLC stands at US$147.38M, with 72.38M RLC in circulation. For those looking to purchase or trade iExec RLC, Bitmart offers avenues to do so securely and efficiently}
- Market capitalisation
- US$147.38M
- 24-hour volume
- US$5.92M
- Circulating supply
- 72.38M RLC