How to Stake Agoric (BLD) for optimal returns

Introduction

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

Step-by-Step Guide for South Korea's Financial Landscape 1

1. 1. Acquire Agoric (BLD) Tokens

   To stake Agoric, you first need to acquire it. To obtain Agoric, you'll need to purchase it from a cryptocurrency exchange. You can choose from these popular platforms available in South Korea.

   플랫폼	코인	Price
   Bitmart	Agoric (BLD)	0.01 APY
   CoinEx	Agoric (BLD)	0.01 APY
   CoinList	Agoric (BLD)	0.02 APY
   Gate.io	Agoric (BLD)	0.01 APY
   HTX	Agoric (BLD)	0.01 APY

   Check out all 9 prices

2. 2. Select a Agoric Wallet

   Once you have BLD, you'll need to select a Agoric wallet to securely store your tokens. Here are some recommended options that are popular among Korean users.

   플랫폼	코인	Staking 보상
   Chainode Tech	Agoric (BLD)	Up to 13% APY
   Stakely.io	Agoric (BLD)	Up to 10.23% APY
   Stakin	Agoric (BLD)	Up to 12.64% APY

   Check out all 6 staking rewards available.

3. 3. Delegate Your BLD in South Korea

   We recommend using a staking pool when staking BLD. It’s more convenient and quicker to get started. A staking pool consists of a group of validators who combine their BLD, increasing their chances of validating transactions and earning rewards. You can easily manage this through your wallet's interface.

4. 4. Start Validating

   You will need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you will automatically validate transactions on the Agoric network. For these validations, you will be rewarded with BLD.

What to Keep in Mind

You should be aware of the transaction and staking pool fees that apply. Additionally, there may be a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take a bit of time in the process.