Introduction

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

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

   Platform	Coin	Price
   OKX	ECOMI (OMI)	0.0002929
   MEXC Global	ECOMI (OMI)	0.000208
   Bitget	ECOMI (OMI)	0.0005184
   Bitmart	ECOMI (OMI)	0.0002083
   Gate.io	ECOMI (OMI)	0.0002087
   BingX	ECOMI (OMI)	0.000575

   See all 10 prices

2. 2. Choose a ECOMI Wallet

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

3. 3. Delegate Your OMI

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