Introduction
Staking Tectonic can be a great option for those who want to hold TONIC 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 Tectonic (TONIC) Tokens
In order to stake Tectonic, you need to have it. To obtain Tectonic, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price Crypto.com Tectonic (TONIC) 0 2. Choose a Tectonic Wallet
Once you have TONIC, you'll need to choose a Tectonic wallet to store your tokens. Here are some good options.
3. Delegate Your TONIC
We recommend using a staking pool when staking TONIC. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their TONIC, 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 Tectonic network. You'll be rewarded with TONIC 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
- Market cap
- $14.24M
- 24h volume
- $41,052
- Circulating supply
- 258.51T TONIC