Introduction
Staking Wrapped ZETA can be an excellent option for those who wish to hold WZETA 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 Wrapped ZETA (WZETA) Tokens
To stake Wrapped ZETA, you need to possess it. To obtain Wrapped ZETA, you'll need to purchase it. You can choose from these popular exchanges.
2. Choose a Wrapped ZETA Wallet
Once you have WZETA, you'll need to choose a Wrapped ZETA wallet to store your tokens. Here are some suitable options.
Platform Coin Staking rewards Bitget Wrapped ZETA (WZETA) Up to 6.5% AER Bitmart Wrapped ZETA (WZETA) Up to 1% AER 3. Delegate Your WZETA
We recommend using a staking pool when staking WZETA. It's simpler and quicker to get started. A staking pool is a group of validators who combine their WZETA, 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 Wrapped ZETA network. You will be rewarded with WZETA 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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