How to Stake Mantle (MNT) for optimal returns

Introduction

Staking Mantle can be an excellent choice for those looking to hold MNT 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 Mantle (MNT) Tokens

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

   플랫폼	코인	Price
   YouHodler	Mantle (MNT)	1.11 APY
   Coinbase	Mantle (MNT)	1.11 APY
   Kraken	Mantle (MNT)	1.11 APY
   Uphold	Mantle (MNT)	0.68 APY
   Bake	Mantle (MNT)	1.11 APY
   BingX	Mantle (MNT)	1.11 APY

   Check out all 27 prices

2. 2. Select a Mantle Wallet

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

   플랫폼	코인	Staking 보상
   YouHodler	Mantle (MNT)	Up to 15% APY

3. 3. Delegate Your MNT in South Korea

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

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.