Introduction
Staking STASIS EURO can be an excellent choice for those looking to hold EURS 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. Acquire STASIS EURO (EURS) Tokens
To stake STASIS EURO, you first need to acquire it. To obtain STASIS EURO, you will have to buy it. You can select from these well-known exchanges available in Uganda.
E-platform Coin Cost YouHodler STASIS EURO (EURS) 1.17 APY Wirex STASIS EURO (EURS) 1.06 APY 2. Select a STASIS EURO Wallet
Once you have EURS, you'll need to select a STASIS EURO wallet to securely store your tokens. Here are some reliable options to consider.
3. Delegate Your EURS
We recommend using a staking pool when staking EURS. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their EURS, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
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 STASIS EURO network. You'll be rewarded with EURS 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.
Latest Movements in Uganda's Financial Landscape
- Market capitalization
- US$129.34M
- 24-hour trading volume
- US$1.41M
- Available supply
- 124.13M EURS
