Introduction
Staking Sora AI can be an excellent option for those who wish to hold SORA 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 Sora AI (SORA) Tokens
To stake Sora AI, you need to possess it. To obtain Sora AI, you'll need to purchase it. You can choose from these popular exchanges.
View all 5 pricesPlatform Coin Price Bitget Sora AI (SORA) 0 CoinEx Sora AI (SORA) 0.0002381 MEXC Global Sora AI (SORA) 0.0003806 2. Choose a Sora AI Wallet
Once you have SORA, you'll need to choose a Sora AI wallet to store your tokens. Here are some suitable options.
Platform Coin Staking rewards Bitmart Sora AI (SORA) Up to 1% AER 3. Delegate Your SORA
We recommend using a staking pool when staking SORA. It's simpler and quicker to get started. A staking pool is a group of validators who combine their SORA, 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 Sora AI network. You will be rewarded with SORA 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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