Where and How to Stake Nibiru (NIBI)

Introduction

Staking Nibiru can be a great option for those who want to hold NIBI 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 Nibiru (NIBI) Tokens

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

   Platform	Coin	Price
   MEXC Global	Nibiru (NIBI)	0.02
   Kucoin	Nibiru (NIBI)	0.02
   Bitmart	Nibiru (NIBI)	0.02
   Gate.io	Nibiru (NIBI)	0.02
   CoinEx	Nibiru (NIBI)	0.02

   See all 10 prices

2. 2. Choose a Nibiru Wallet

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

   Platform	Coin	Staking rewards
   Stakin	Nibiru (NIBI)	Up to 63.07 APY

3. 3. Delegate Your NIBI

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