Introduction

Staking The Knowers can be an excellent choice for those looking to hold KNOW 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 The Knowers (KNOW) Tokens

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

2. 2. Select a The Knowers Wallet

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

3. 3. Delegate Your KNOW

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

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.