Introduction
Staking Berachain BERA can be a great option for those who want to hold BERA 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. Obtain Berachain BERA (BERA) Tokens
In order to stake Berachain BERA, you need to have it. To obtain Berachain BERA, you'll need to purchase it. You can choose from these popular exchanges.
2. Choose a Berachain BERA Wallet
Once you have BERA, you’ll need to choose a Berachain BERA wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards Everstake Berachain BERA (BERA) Up to 0 APY 3. Delegate Your BERA
We recommend using a staking pool when staking BERA. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their BERA, which gives them a higher chance of validating transactions and earning rewards. You can do 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 Berachain BERA network. You’ll be rewarded with BERA 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.
Latest Movements
Berachain BERA (BERA) is currently priced at 0. For those looking to buy or trade Berachain BERA, Everstake offers avenues to do so securely and efficiently}