How to Stake MANTRA (OM)

Introduction

Staking MANTRA can be an excellent choice for those looking to hold OM while earning APY in a secure manner and supporting the network. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to assist you.

Step-by-Step Guide for Italian Investors

1. 1. Acquire MANTRA (OM) Tokens

   To stake MANTRA, you must first acquire it. To obtain MANTRA, you'll need to buy it. You can select from these well-known exchanges available in Italy.

   Piattaforma	Criptovaluta	Value
   PrimeXBT	MANTRA (OM)	0,08 APY
   YouHodler	MANTRA (OM)	0,08 APY
   Binance	MANTRA (OM)	0,08 APY
   BTSE	MANTRA (OM)	0,16 APY
   Kraken	MANTRA (OM)	0,08 APY
   OKX	MANTRA (OM)	6,89 APY

   Check out all 44 prices

2. 2. Select a MANTRA Wallet

   Once you have OM, you'll need to select a MANTRA wallet to securely store your tokens. Here are some excellent options tailored for the Italian market.

   Piattaforma	Criptovaluta	Staking rewards
   Binance	MANTRA (OM)	Up to 10% APY

   Discover all 6 staking rewards available to you

3. 3. Delegate Your OM

   We recommend using a staking pool when staking OM. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their OM, enhancing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Begin the Validation Process

   You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the MANTRA network. For these validations, you'll receive rewards in OM.

What to Consider in Italy

When engaging in staking, it's important to factor in the transaction and staking pool fees. Additionally, you may encounter a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take a bit of time.