How to Stake The Graph (GRT)

Introduction

Staking The Graph can be an excellent choice for those looking to hold GRT 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 The Graph (GRT) Tokens

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

   E-platform	Coin	Cost
   Nexo	The Graph (GRT)	0.04 APY
   PrimeXBT	The Graph (GRT)	0.04 APY
   YouHodler	The Graph (GRT)	0.04 APY
   Binance	The Graph (GRT)	0.04 APY
   BTSE	The Graph (GRT)	0.04 APY
   Coinbase	The Graph (GRT)	0.04 APY

   See all 70 prices in Uganda

2. 2. Select a The Graph Wallet

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

   E-platform	Coin	Staking rewards in Uganda
   YouHodler	The Graph (GRT)	Up to 15% APY
   Binance	The Graph (GRT)	Up to 6.2% APY

   View all 11 staking rewards available.

3. 3. Delegate Your GRT

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