How to Stake Marlin (POND)

Introduction

Staking Marlin can be an excellent choice for those looking to hold POND 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 Marlin (POND) Tokens

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

   Piattaforma	Criptovaluta	Value
   Kraken	Marlin (POND)	0,01 APY
   Binance	Marlin (POND)	0,01 APY
   Coinbase	Marlin (POND)	0,01 APY
   BingX	Marlin (POND)	0,01 APY
   Bitget	Marlin (POND)	0,01 APY
   Bitpanda	Marlin (POND)	0,02 APY

   Check out all 35 prices

2. 2. Select a Marlin Wallet

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

   Piattaforma	Criptovaluta	Staking rewards
   Binance	Marlin (POND)	Up to 1,82% APY

3. 3. Delegate Your POND

   We recommend using a staking pool when staking POND. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their POND, 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 Marlin network. For these validations, you'll receive rewards in POND.

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.