How to Stake Oasis (rose)

Introduction

Staking Oasis can be an excellent choice for those looking to hold rose 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 Oasis (rose) Tokens

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

   E-platform	Coin	Cost
   Uphold	Oasis (rose)	0.03 APY
   Bitmart	Oasis (rose)	0.02 APY
   CoinList	Oasis (rose)	0.04 APY

   See all 6 prices in Uganda

2. 2. Select a Oasis Wallet

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

   E-platform	Coin	Staking rewards in Uganda
   Uphold	Oasis (rose)	Up to 1.8% APY
   Bitpanda	Oasis (rose)	Up to 3% APY
   RockX	Oasis (rose)	Up to 10.21% APY

   View all 6 staking rewards available.

3. 3. Delegate Your rose

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