Introduction

Staking LeverFi can be a great option for those who want to hold LEVER 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 LeverFi (LEVER) Tokens

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

   Platform	Coin	Price
   Binance	LeverFi (LEVER)	0.000175
   BTSE	LeverFi (LEVER)	0.000321
   MEXC Global	LeverFi (LEVER)	0.0001629
   Bitget	LeverFi (LEVER)	0.000164
   Bitmart	LeverFi (LEVER)	0.000166
   BingX	LeverFi (LEVER)	0.000165

   See all 24 prices

2. 2. Choose a LeverFi Wallet

   Once you have LEVER, you'll need to choose a LeverFi wallet to store your tokens. Here are some good options.

3. 3. Delegate Your LEVER

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