Introduction

Staking Decentraland can be an excellent choice for those looking to hold MANA while earning APY in a secure manner and supporting the network. The process might seem a bit overwhelming, particularly if you're doing it for the first time. That's why we've created this guide specifically for you.

Step-by-Step Guide for Ugandan Investors

1. 1. Acquire Decentraland (MANA) Tokens

   To stake Decentraland, you first need to acquire it. To obtain Decentraland, you will have to buy it. You can select from these well-known exchanges available in Uganda.

   E-platform	Coin	Cost
   Nexo	Decentraland (MANA)	0.12 APY
   PrimeXBT	Decentraland (MANA)	0.12 APY
   YouHodler	Decentraland (MANA)	0.12 APY
   Binance	Decentraland (MANA)	0.12 APY
   BTSE	Decentraland (MANA)	0.12 APY
   OKX	Decentraland (MANA)	0.23 APY

   See all 51 prices in Uganda

2. 2. Select a Decentraland Wallet

   Once you have MANA, you'll need to select a Decentraland wallet to securely store your tokens. Here are some reliable options to consider.

3. 3. Delegate Your MANA

   We recommend using a staking pool when staking MANA. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their MANA, which increases their chances of validating transactions and earning rewards. You can manage 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 Keep in Mind

There are transaction and staking pool fees you need to keep in mind. Additionally, there may be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, which can take a bit of time.