How to Stake Navio (NAV): A Step-by-Step Guide

Introduction

Staking Navio can be a great option for those who want to hold NAV 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 Navio (NAV) Tokens
In order to stake Navio, you need to have it. To obtain Navio, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
MEXC Global Navio (NAV) 0.05
2. Choose a Navio Wallet
Once you have NAV, you’ll need to choose a Navio wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards
MyCointainer Navio (NAV) Up to 4.1% APY
3. Delegate Your NAV
We recommend using a staking pool when staking NAV. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their NAV, 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 Navio network. You’ll be rewarded with NAV for these validations.

Platform	Coin	Price
MEXC Global	Navio (NAV)	0.05

Platform	Coin	Staking rewards
MyCointainer	Navio (NAV)	Up to 4.1% APY

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.