Where and how to stake Router Protocol (ROUTE)

Introduction

Staking Router Protocol can be a great option for those who wish to hold ROUTE 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 Router Protocol (ROUTE) Tokens

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

   Platform	Coin	Price
   MEXC Global	Router Protocol (ROUTE)	0.06
   BingX	Router Protocol (ROUTE)	0.06
   Bitget	Router Protocol (ROUTE)	0.06
   Kucoin	Router Protocol (ROUTE)	0.06
   Gate.io	Router Protocol (ROUTE)	0.06
   HTX	Router Protocol (ROUTE)	0.05

   See all 6 prices

2. 2. Select a Router Protocol Wallet

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

   Platform	Coin	Staking rewards
   Stakin	Router Protocol (ROUTE)	Up to 12.98 APY

3. 3. Delegate Your ROUTE

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