How to Stake Uniswap (UNI)

Introduction

Staking Uniswap can be an excellent choice for those looking to hold UNI 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 Uniswap (UNI) Tokens

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

   E-platform	Coin	Cost
   Nexo	Uniswap (UNI)	5.94 APY
   PrimeXBT	Uniswap (UNI)	5.91 APY
   YouHodler	Uniswap (UNI)	5.92 APY
   Binance	Uniswap (UNI)	5.92 APY
   BTSE	Uniswap (UNI)	5.92 APY
   OKX	Uniswap (UNI)	5.94 APY

   See all 59 prices in Uganda

2. 2. Select a Uniswap Wallet

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

   E-platform	Coin	Staking rewards in Uganda
   YouHodler	Uniswap (UNI)	Up to 9% APY

3. 3. Delegate Your UNI

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