How to Stake Evmos (EVMOS) for optimal returns

Introduction

Staking Evmos can be an excellent choice for those looking to hold EVMOS 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 Evmos (EVMOS) Tokens

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

   플랫폼	코인	Price
   BingX	Evmos (EVMOS)	0.01 APY
   CoinEx	Evmos (EVMOS)	0 APY
   Gate.io	Evmos (EVMOS)	0 APY
   HTX	Evmos (EVMOS)	0 APY
   MEXC Global	Evmos (EVMOS)	0 APY

   Check out all 10 prices

2. 2. Select a Evmos Wallet

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

   플랫폼	코인	Staking 보상
   Stakely.io	Evmos (EVMOS)	Up to 0.98% APY
   Stakin	Evmos (EVMOS)	Up to 10.93% APY

   Check out all 4 staking rewards available.

3. 3. Delegate Your EVMOS in South Korea

   We recommend using a staking pool when staking EVMOS. It’s more convenient and quicker to get started. A staking pool consists of a group of validators who combine their EVMOS, 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 Evmos network. For these validations, you will be rewarded with EVMOS.

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.