Introduction
Staking Uniswap can be a great option for those who want to hold UNI but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-Step Guide
1. Obtain Uniswap (UNI) Tokens
In order to stake Uniswap, you need to have it. To obtain Uniswap, you'll need to purchase it. You can choose from these popular exchanges.
See all 31 pricesPlatform Coin Price Nexo Uniswap (UNI) 12.57 PrimeXBT Uniswap (UNI) 12.8 M2 Uniswap (UNI) 12.97 Uphold Uniswap (UNI) 12.56 OKX Uniswap (UNI) 12.56 YouHodler Uniswap (UNI) 12.96 2. Choose a Uniswap Wallet
Once you have UNI, you’ll need to choose a Uniswap wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards YouHodler Uniswap (UNI) Up to 9 APY 3. Delegate Your UNI
We recommend using a staking pool when staking UNI. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their UNI, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
4. Start Validating
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 Uniswap network. You’ll be rewarded with UNI for these validations.
What to be Aware of
There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.
Latest Movements
Uniswap (UNI) is currently priced at $9 with a 24-hour trading volume of $381.56M. The market cap of Uniswap stands at $7.68B, with $600.48M UNI in circulation. For those looking to buy or trade Uniswap, YouHodler offers avenues to do so securely and efficiently}
- Market cap
- $7.68B
- 24h volume
- $381.56M
- Circulating supply
- $600.48M
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