Where and How to Stake Aave (AAVE)

Introduction

Staking Aave can be a great option for those who want to hold AAVE but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. 1. Obtain Aave (AAVE) Tokens

   In order to stake Aave, you need to have it. To obtain Aave, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Nexo	Aave (AAVE)	151.35
   Bitpanda	Aave (AAVE)	149.38
   Wirex	Aave (AAVE)	148.83
   Uphold	Aave (AAVE)	150.21
   Klink	Aave (AAVE)	148.00
   Kraken	Aave (AAVE)	148.52

   See all 24 prices

2. 2. Choose a Aave Wallet

   Once you have AAVE, you’ll need to choose a Aave wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   Bitpanda	Aave (AAVE)	Up to 6.00 APY
   Klink	Aave (AAVE)	Up to 3.68 APY
   Bitmart	Aave (AAVE)	Up to 1.00 APY

   See all 5 staking rewards

3. 3. Delegate Your AAVE

   We recommend using a staking pool when staking AAVE. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their AAVE, which gives them a higher chance of validating transactions and earning rewards. You can do 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 Aave network. You’ll be rewarded with AAVE for these validations.

What to be Aware of

There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.