Introduction
Staking Stride Staked Umee can be an excellent option for those who wish to hold STUMEE 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 Stride Staked Umee (STUMEE) Tokens
To stake Stride Staked Umee, you need to possess it. To obtain Stride Staked Umee, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price MEXC Global Stride Staked Umee (STUMEE) 0.0003256 2. Choose a Stride Staked Umee Wallet
Once you have STUMEE, you'll need to choose a Stride Staked Umee wallet to store your tokens. Here are some suitable options.
View all 5 staking rewardsPlatform Coin Staking rewards MyCointainer Stride Staked Umee (STUMEE) Up to 15.8% AER Stakewolle Stride Staked Umee (STUMEE) Up to 16.97% AER Stakin Stride Staked Umee (STUMEE) Up to 11.98% AER 3. Delegate Your STUMEE
We recommend using a staking pool when staking STUMEE. It's simpler and quicker to get started. A staking pool is a group of validators who combine their STUMEE, 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 Stride Staked Umee network. You will be rewarded with STUMEE 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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