How to Stake Sora AI (SORA)

Introduction

Staking Sora AI can be an excellent choice for those looking to hold SORA 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 Sora AI (SORA) Tokens

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

   E-platform	Coin	Cost
   Bitget	Sora AI (SORA)	0 APY
   CoinEx	Sora AI (SORA)	0.0002381 APY
   MEXC Global	Sora AI (SORA)	0.0003806 APY

   See all 5 prices in Uganda

2. 2. Select a Sora AI Wallet

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

   E-platform	Coin	Staking rewards in Uganda
   Bitmart	Sora AI (SORA)	Up to 1% APY

3. 3. Delegate Your SORA

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