Earn up to
26% APY
An in-depth guide on how to stake Decentr (DEC)
We have a lot of data on staking Decentr (DEC) and we share some of this with you.
We show you some staking options with other coins that could be of interest.
Decentr (DEC) is currently priced at US$26 with a 24-hour trading volume of US$525.63. The market cap of Decentr stands at US$202,490, with 108.77M DEC in circulation. For those looking to buy or trade Decentr, Stakewolle offers avenues to do so securely and efficiently
Staking Decentr can be a great option for those who want to hold DEC 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 Decentr, you need to have it. To obtain Decentr, you'll need to purchase it. You can choose from these popular exchanges.
Once you have DEC, you'll need to choose a Decentr wallet to store your tokens. Here are some good options.
| Platform | Coin | Staking rewards |
|---|---|---|
| Stakewolle | Decentr (DEC) | Up to 26% APY |
We recommend using a staking pool when staking DEC. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their DEC, 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 Decentr network. You'll be rewarded with DEC 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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