Where and How to Stake Velocimeter FLOW (FLOW)

Introduction

Staking Velocimeter FLOW can be a great option for those who want to hold FLOW 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 Velocimeter FLOW (FLOW) Tokens

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

   Platform	Coin	Price
   Uphold	Velocimeter FLOW (FLOW)	0.72
   Kraken	Velocimeter FLOW (FLOW)	0.91
   Coinbase	Velocimeter FLOW (FLOW)	0.91
   MEXC Global	Velocimeter FLOW (FLOW)	0.91
   Kucoin	Velocimeter FLOW (FLOW)	0.91
   Bybit	Velocimeter FLOW (FLOW)	0.72

   See all 11 prices

2. 2. Choose a Velocimeter FLOW Wallet

   Once you have FLOW, you’ll need to choose a Velocimeter FLOW wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   Kucoin	Velocimeter FLOW (FLOW)	Up to 6 APY

3. 3. Delegate Your FLOW

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