Introduction

Staking Metal DAO can be a great option for those who want to hold MTL 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 Metal DAO (MTL) Tokens

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

   Platform	Coin	Price
   Uphold	Metal DAO (MTL)	0.77
   Binance	Metal DAO (MTL)	0.69
   Coinbase	Metal DAO (MTL)	1.46
   Bitget	Metal DAO (MTL)	0.69
   Kucoin	Metal DAO (MTL)	0.7
   BingX	Metal DAO (MTL)	0.69

   See all 24 prices

2. 2. Choose a Metal DAO Wallet

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

3. 3. Delegate Your MTL

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