Introduction
Staking Evmos can be a great option for those who want to hold EVMOS 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. Obtain Evmos (EVMOS) Tokens
In order to stake Evmos, you need to have it. To obtain Evmos, you'll need to purchase it. You can choose from these popular exchanges.
2. Choose a Evmos Wallet
Once you have EVMOS, you'll need to choose a Evmos wallet to store your tokens. Here are some good options.
See all 4 staking rewardsPlatform Coin Staking rewards Stakin Evmos (EVMOS) Up to 10.93 APY Stakely.io Evmos (EVMOS) Up to 0.98 APY 3. Delegate Your EVMOS
We recommend using a staking pool when staking EVMOS. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their EVMOS, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet's interface.
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 Evmos network. You'll be rewarded with EVMOS 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.
Latest Movements
Evmos (EVMOS) is currently priced at $0.98 with a 24-hour trading volume of $161,300. The market cap of Evmos stands at $10.42M, with 512.69M EVMOS in circulation. For those looking to buy or trade Evmos, Stakin offers avenues to do so securely and efficiently}
- Market cap
- $10.42M
- 24h volume
- $161,300
- Circulating supply
- 512.69M EVMOS