Introduction

Staking Bonk can be a great option for those who want to hold BONK 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 Bonk (BONK) Tokens

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

   Platform	Coin	Price
   Uphold	Bonk (BONK)	0.00002176
   YouHodler	Bonk (BONK)	0.00002185
   OKX	Bonk (BONK)	0.00002181
   M2	Bonk (BONK)	0.00002184
   Binance	Bonk (BONK)	0.00002184
   BTSE	Bonk (BONK)	0.00002185

   See all 39 prices

2. 2. Choose a Bonk Wallet

   Once you have BONK, you'll need to choose a Bonk wallet to store your tokens. Here are some good options.

3. 3. Delegate Your BONK

   We recommend using a staking pool when staking BONK. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their BONK, 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 Bonk network. You'll be rewarded with BONK 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.