How to Stake Wrapped USD (WUSD): A Step-by-Step Guide

Introduction

Staking Wrapped USD can be a great option for those who want to hold WUSD 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 Wrapped USD (WUSD) Tokens
In order to stake Wrapped USD, you need to have it. To obtain Wrapped USD, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
Azbit Wrapped USD (WUSD) 1
BingX Wrapped USD (WUSD) 1
Bitget Wrapped USD (WUSD) 1
Bitmart Wrapped USD (WUSD) 1
Gate.io Wrapped USD (WUSD) 1
Hotcoin Wrapped USD (WUSD) 1
See all 13 prices
2. Choose a Wrapped USD Wallet
Once you have WUSD, you'll need to choose a Wrapped USD wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards
Bitmart Wrapped USD (WUSD) Up to 5% APY
3. Delegate Your WUSD
We recommend using a staking pool when staking WUSD. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their WUSD, 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 Wrapped USD network. You'll be rewarded with WUSD for these validations.

Platform	Coin	Price
Azbit	Wrapped USD (WUSD)	1
BingX	Wrapped USD (WUSD)	1
Bitget	Wrapped USD (WUSD)	1
Bitmart	Wrapped USD (WUSD)	1
Gate.io	Wrapped USD (WUSD)	1
Hotcoin	Wrapped USD (WUSD)	1

Platform	Coin	Staking rewards
Bitmart	Wrapped USD (WUSD)	Up to 5% 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.

Latest Movements

Wrapped USD (WUSD) is currently priced at US$5 with a 24-hour trading volume of US$1,764.22. For those looking to buy or trade Wrapped USD, Bitmart offers avenues to do so securely and efficiently}