How to Stake Lido Staked Matic (STMATIC) in the UK

Introduction

Staking Lido Staked Matic can be an excellent option for those who wish to hold STMATIC 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 Lido Staked Matic (STMATIC) Tokens

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

2. 2. Choose a Lido Staked Matic Wallet

   Once you have STMATIC, you'll need to choose a Lido Staked Matic wallet to store your tokens. Here are some suitable options.

   Platform	Coin	Staking rewards
   Lido	Lido Staked Matic (STMATIC)	Up to 3.31% AER

3. 3. Delegate Your STMATIC

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