Earn up to
12.94% APY
An in-depth guide on how to stake Router Protocol (ROUTE)
We have a lot of data on staking Router Protocol (ROUTE) and we share some of this with you.
We show you some staking options with other coins that could be of interest.
Router Protocol (ROUTE) is currently priced at $12.94 with a 24-hour trading volume of $1.72M. The market cap of Router Protocol stands at $21.27M, with 590.83M ROUTE in circulation. For those looking to buy or trade Router Protocol, Stakin offers avenues to do so securely and efficiently}
Staking Router Protocol can be a great option for those who want to hold ROUTE 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.
In order to stake Router Protocol, you need to have it. To obtain Router Protocol, you'll need to purchase it. You can choose from these popular exchanges.
Once you have ROUTE, you'll need to choose a Router Protocol wallet to store your tokens. Here are some good options.
| Platform | Coin | Staking rewards |
|---|---|---|
| Stakin | Router Protocol (ROUTE) | Up to 12.94% APY |
We recommend using a staking pool when staking ROUTE. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their ROUTE, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet's interface.
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 Router Protocol network. You'll be rewarded with ROUTE for these validations.
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.
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