Where and how to stake Navio (NAV)

Introduction

Staking Navio can be a great option for those who wish to hold NAV 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 Navio (NAV) Tokens

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

   Platform	Coin	Price
   MEXC Global	Navio (NAV)	0.03

2. 2. Select a Navio Wallet

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

   Platform	Coin	Staking rewards
   MyCointainer	Navio (NAV)	Up to 4.1 APY

3. 3. Delegate Your NAV

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