Introduction
Staking Manta Network can be a great option for those who want to hold MANTA 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 Manta Network (MANTA) Tokens
In order to stake Manta Network, you need to have it. To obtain Manta Network, you'll need to purchase it. You can choose from these popular exchanges.
2. Choose a Manta Network Wallet
Once you have MANTA, you’ll need to choose a Manta Network wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards Bitmart Manta Network (MANTA) Up to 1.00 APY Binance Manta Network (MANTA) Up to 3.90 APY Bitget Manta Network (MANTA) Up to 20.00 APY 3. Delegate Your MANTA
We recommend using a staking pool when staking MANTA. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their MANTA, 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 Manta Network network. You’ll be rewarded with MANTA 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
Manta Network (MANTA) is currently priced at $3.90 with a 24-hour trading volume of $36.21M. The market cap of Manta Network stands at $256.99M, with $383.46M MANTA in circulation. For those looking to buy or trade Manta Network, Bitmart offers avenues to do so securely and efficiently}
- Market cap
- $256.99M
- 24h volume
- $36.21M
- Circulating supply
- $383.46M