Introduction
Staking Mantle can be a great option for those who want to hold MNT 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 Mantle (MNT) Tokens
In order to stake Mantle, you need to have it. To obtain Mantle, you'll need to purchase it. You can choose from these popular exchanges.
See all 11 pricesPlatform Coin Price Uphold Mantle (MNT) 1.37 Kraken Mantle (MNT) 1.37 YouHodler Mantle (MNT) 1.37 BingX Mantle (MNT) 1.37 Bitmart Mantle (MNT) 1.37 LBank Mantle (MNT) 1.37 2. Choose a Mantle Wallet
Once you have MNT, you’ll need to choose a Mantle wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards YouHodler Mantle (MNT) Up to 15 APY 3. Delegate Your MNT
We recommend using a staking pool when staking MNT. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their MNT, 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 Mantle network. You’ll be rewarded with MNT 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
Mantle (MNT) is currently priced at $15 with a 24-hour trading volume of $102.41M. The market cap of Mantle stands at $4.61B, with $3.36B MNT in circulation. For those looking to buy or trade Mantle, YouHodler offers avenues to do so securely and efficiently}
- Market cap
- $4.61B
- 24h volume
- $102.41M
- Circulating supply
- $3.36B