Introduction
Staking Lambda can be a great option for those who want to hold LAMB 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 Lambda (LAMB) Tokens
In order to stake Lambda, you need to have it. To obtain Lambda, you'll need to purchase it. You can choose from these popular exchanges.
See all 5 pricesPlatform Coin Price OKX Lambda (LAMB) 0.00 Bitmart Lambda (LAMB) 0.01 MEXC Global Lambda (LAMB) 0.00 BingX Lambda (LAMB) 0.00 Gate.io Lambda (LAMB) 0.00 2. Choose a Lambda Wallet
Once you have LAMB, you’ll need to choose a Lambda wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards MyCointainer Lambda (LAMB) Up to 30.40 APY 3. Delegate Your LAMB
We recommend using a staking pool when staking LAMB. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their LAMB, 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 Lambda network. You’ll be rewarded with LAMB 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
Lambda (LAMB) is currently priced at $30.40 with a 24-hour trading volume of $1.42M. The market cap of Lambda stands at $2.54M, with $1.86B LAMB in circulation. For those looking to buy or trade Lambda, MyCointainer offers avenues to do so securely and efficiently}
- Market cap
- $2.54M
- 24h volume
- $1.42M
- Circulating supply
- $1.86B