Where and how to stake Aave (AAVE)

Introduction

Staking Aave can be a great option for those who wish to hold AAVE while earning yield in a safe manner and contributing to the network. The steps can be somewhat daunting, especially the first time you do them. That’s why we have put together this guide for you.

Step-by-Step Guide

1. 1. Acquire Aave (AAVE) Tokens

   To stake Aave, you need to have it. To obtain Aave, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Nexo	Aave (AAVE)	165.07
   Bitpanda	Aave (AAVE)	165.28
   Uphold	Aave (AAVE)	165.16
   Klink	Aave (AAVE)	165.35
   Kraken	Aave (AAVE)	164.77
   OKX	Aave (AAVE)	165.06

   See all 30 prices

2. 2. Select a Aave Wallet

   Once you have AAVE, you’ll need to choose a Aave wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   Bitpanda	Aave (AAVE)	Up to 6.00 APY
   Klink	Aave (AAVE)	Up to 3.68 APY
   Bitmart	Aave (AAVE)	Up to 1.00 APY

   See all 5 staking rewards

3. 3. Delegate Your AAVE

   We suggest using a staking pool for staking AAVE. It's easier and quicker to get started. A staking pool is a collection of validators who combine their AAVE, which increases their odds of validating transactions and earning rewards. You can do this through your wallet’s interface.

4. 4. Start Validating

   You'll have to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Aave network. You'll be rewarded with AAVE for these validations.

What to Keep in Mind

You need to keep in mind the transaction and staking pool fees. Additionally, there might be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this can take a while.