Earn up to
49.05% APY
An in-depth guide on how to stake Jackal Protocol (JKL)
We have a lot of data on staking Jackal Protocol (JKL) and we share some of this with you.
We show you some staking options with other coins that could be of interest.
Jackal Protocol (JKL) is currently priced at US$49.05 with a 24-hour trading volume of US$29,620. The market cap of Jackal Protocol stands at US$27.66M, with 115.59M JKL in circulation. For those looking to buy or trade Jackal Protocol, Stakewolle offers avenues to do so securely and efficiently
Staking Jackal Protocol can be a great option for those who want to hold JKL 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.
In order to stake Jackal Protocol, you need to have it. To obtain Jackal Protocol, you'll need to purchase it. You can choose from these popular exchanges.
Once you have JKL, you’ll need to choose a Jackal Protocol wallet to store your tokens. Here are some good options.
| Platform | Coin | Staking rewards |
|---|---|---|
| Stakewolle | Jackal Protocol (JKL) | Up to 49.05% APY |
We recommend using a staking pool when staking JKL. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their JKL, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
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 Jackal Protocol network. You’ll be rewarded with JKL for these validations.
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.
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