Where and How to Stake Gnosis (GNO)

Introduction

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

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

   Platform	Coin	Price
   Bitpanda	Gnosis (GNO)	259.74
   Uphold	Gnosis (GNO)	269.29
   Kraken	Gnosis (GNO)	260.6
   Binance	Gnosis (GNO)	268.8
   Coinbase	Gnosis (GNO)	260.48
   Bitmart	Gnosis (GNO)	255.8

   See all 16 prices

2. 2. Choose a Gnosis Wallet

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

3. 3. Delegate Your GNO

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