How to Stake RIZON (ATOLO)

Introduction

Staking RIZON can be an excellent choice for those looking to hold ATOLO 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 RIZON (ATOLO) Tokens

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

   E-platform	Coin	Cost
   Gate.io	RIZON (ATOLO)	0.00002355 APY
   Probit	RIZON (ATOLO)	0.000144 APY

   See all 4 prices in Uganda

2. 2. Select a RIZON Wallet

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

   E-platform	Coin	Staking rewards in Uganda
   Stakewolle	RIZON (ATOLO)	Up to 35.05% APY

3. 3. Delegate Your ATOLO

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