Where and how to stake Flare (FLR)

Introduction

Staking Flare can be a great option for those who wish to hold FLR 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 Flare (FLR) Tokens

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

   Platform	Coin	Price
   Bitpanda	Flare (FLR)	0.02
   Uphold	Flare (FLR)	0.02
   Kraken	Flare (FLR)	0.02
   OKX	Flare (FLR)	0.02
   YouHodler	Flare (FLR)	0.02
   Coinbase	Flare (FLR)	0.02

   See all 16 prices

2. 2. Select a Flare Wallet

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

   Platform	Coin	Staking rewards
   Uphold	Flare (FLR)	Up to 4.50 APY

   See all 4 staking rewards

3. 3. Delegate Your FLR

   We suggest using a staking pool for staking FLR. It's easier and quicker to get started. A staking pool is a collection of validators who combine their FLR, 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 Flare network. You'll be rewarded with FLR 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.