Where and How to Stake iExec RLC (RLC)

Introduction

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

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

   Platform	Coin	Price
   Bitpanda	iExec RLC (RLC)	1.46
   Kraken	iExec RLC (RLC)	1.44
   Binance	iExec RLC (RLC)	1.43
   Coinbase	iExec RLC (RLC)	1.46
   Bitmart	iExec RLC (RLC)	1.46
   MEXC Global	iExec RLC (RLC)	1.46

   See all 13 prices

2. 2. Choose a iExec RLC Wallet

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

   Platform	Coin	Staking rewards
   Bitmart	iExec RLC (RLC)	Up to 1.00 APY

3. 3. Delegate Your RLC

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