Earn up to
17.3% APY
An in-depth guide on how to stake Essentia (ESS)
We have a lot of data on staking Essentia (ESS) and we share some of this with you.
We show you some staking options with other coins that could be of interest.
Essentia (ESS) is currently priced at $17.3 with a 24-hour trading volume of $429.48. The market cap of Essentia stands at $222,027, with 1.08B ESS in circulation. For those looking to buy or trade Essentia, MyCointainer offers avenues to do so securely and efficiently
Staking Essentia can be a great option for those who want to hold ESS 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.
In order to stake Essentia, you need to have it. To obtain Essentia, you'll need to purchase it. You can choose from these popular exchanges.
| Platform | Coin | Price |
|---|---|---|
| Gate.io | Essentia (ESS) | 0.0000974 |
Once you have ESS, you'll need to choose a Essentia wallet to store your tokens. Here are some good options.
| Platform | Coin | Staking rewards |
|---|---|---|
| MyCointainer | Essentia (ESS) | Up to 17.3% APY |
We recommend using a staking pool when staking ESS. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their ESS, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet's interface.
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 Essentia network. You'll be rewarded with ESS for these validations.
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.
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