Where and How to Stake DODO (DODO)

Introduction

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

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

   Platform	Coin	Price
   Bitpanda	DODO (DODO)	0.13
   Binance	DODO (DODO)	0.13
   Bitmart	DODO (DODO)	0.12
   BingX	DODO (DODO)	0.14
   Bitget	DODO (DODO)	0.14

   See all 11 prices

2. 2. Choose a DODO Wallet

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

   Platform	Coin	Staking rewards
   Binance	DODO (DODO)	Up to 1.7 APY

3. 3. Delegate Your DODO

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