Introduction

Staking BOOK OF MEME can be a great option for those who want to hold BOME 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 BOOK OF MEME (BOME) Tokens

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

   Platform	Coin	Price
   Binance	BOOK OF MEME (BOME)	0
   BTSE	BOOK OF MEME (BOME)	0
   OKX	BOOK OF MEME (BOME)	0
   Uphold	BOOK OF MEME (BOME)	0
   BingX	BOOK OF MEME (BOME)	0
   Bitget	BOOK OF MEME (BOME)	0

   See all 46 prices

2. 2. Choose a BOOK OF MEME Wallet

   Once you have BOME, you'll need to choose a BOOK OF MEME wallet to store your tokens. Here are some good options.

3. 3. Delegate Your BOME

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