Introduction

Staking DODO can be an excellent choice for those looking to hold dodo 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 DODO (dodo) Tokens

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

   E-platform	Coin	Cost
   Binance	DODO (dodo)	0.02 APY
   Bake	DODO (dodo)	0.02 APY
   BingX	DODO (dodo)	0.02 APY
   Bitget	DODO (dodo)	0.02 APY
   Bitmart	DODO (dodo)	0.05 APY
   Bitpanda	DODO (dodo)	0.15 APY

   See all 28 prices in Uganda

2. 2. Select a DODO Wallet

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

3. 3. Delegate Your dodo

   We recommend using a staking pool when staking dodo. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their dodo, 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 DODO network. You'll be rewarded with dodo 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.