Introduction

Staking KILT Protocol can be a great option for those who want to hold KILT 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 KILT Protocol (KILT) Tokens

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

   Platform	Coin	Price
   Kraken	KILT Protocol (KILT)	0.14
   Bitmart	KILT Protocol (KILT)	0.15
   MEXC Global	KILT Protocol (KILT)	0.14
   Gate.io	KILT Protocol (KILT)	0.14

   See all 4 prices

2. 2. Choose a KILT Protocol Wallet

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

3. 3. Delegate Your KILT

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