Introduction

Staking Decentraland can be a great option for those who want to hold MANA 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. 1. Obtain Decentraland (MANA) Tokens

    In order to stake Decentraland, you need to have it. To obtain Decentraland, you'll need to purchase it. You can choose from these popular exchanges.

  2. 2. Choose a Decentraland Wallet

    Once you have MANA, you'll need to choose a Decentraland wallet to store your tokens. Here are some good options.

  3. 3. Delegate Your MANA

    We recommend using a staking pool when staking MANA. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their MANA, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet's interface.

  4. 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 Decentraland network. You'll be rewarded with MANA for these validations.

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.

Latest Movements

Market cap
$916.82M
24h volume
$82.37M
Circulating supply
1.87B MANA
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