Introduction
Staking Router Protocol can be an excellent option for those who wish to hold ROUTE 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 Router Protocol (ROUTE) Tokens
To stake Router Protocol, you need to possess it. To obtain Router Protocol, you'll need to purchase it. You can choose from these popular exchanges.
2. Choose a Router Protocol Wallet
Once you have ROUTE, you'll need to choose a Router Protocol wallet to store your tokens. Here are some suitable options.
Platform Coin Staking rewards Stakin Router Protocol (ROUTE) Up to 12.94% AER 3. Delegate Your ROUTE
We recommend using a staking pool when staking ROUTE. It's simpler and quicker to get started. A staking pool is a group of validators who combine their ROUTE, 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 Router Protocol network. You will be rewarded with ROUTE 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
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- Market capitalisation
- US$21.27M
- 24-hour volume
- US$1.72M
- Circulating supply
- 590.83M ROUTE
