How to Stake Marlin (POND) in the UK

Introduction

Staking Marlin can be an excellent option for those who wish to hold POND 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 Marlin (POND) Tokens

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

   Platform	Coin	Price
   Binance	Marlin (POND)	0
   Coinbase	Marlin (POND)	0
   Kraken	Marlin (POND)	0
   BingX	Marlin (POND)	0
   Bitget	Marlin (POND)	0
   Bitpanda	Marlin (POND)	0.02

   View all 35 prices

2. 2. Choose a Marlin Wallet

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

   Platform	Coin	Staking rewards
   Binance	Marlin (POND)	Up to 1.82% AER

3. 3. Delegate Your POND

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