Introduction
Staking Aleph Zero is an excellent choice for those looking to hold AZERO while earning yield securely and supporting the network. The process may seem overwhelming, especially for first-timers. That's why we've created this guide to help you through it.
Comprehensive Guide
1. Acquire Aleph Zero (AZERO) Tokens
To stake Aleph Zero, you first need to acquire it. You can purchase Aleph Zero from various popular exchanges.
2. Select a Aleph Zero Wallet
Once you have AZERO, you'll need to select a Aleph Zero wallet to keep your tokens safe. Here are some great options.
Platform Coin Staking benefits Bitpanda Aleph Zero (AZERO) Earn up to 8% APY MyCointainer Aleph Zero (AZERO) Earn up to 12.05% APY 3. Delegate Your AZERO
We suggest using a staking pool for staking AZERO. It's easier and quicker to start. A staking pool consists of validators who pool their AZERO, increasing their chances of validating transactions and earning rewards. You can access this via your wallet's interface.
4. Begin Validation
You will need to wait for your deposit to be confirmed by your wallet. Once confirmed, you will automatically validate transactions on the Aleph Zero network. You will be rewarded with AZERO for these validations.
Key Considerations
Consider the transaction and staking pool fees. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, which can take some time.
Recent Developments
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- Market capitalization
- $90.09M
- 24-hour trading volume
- $1.1M
- Circulating supply refers to the total amount of a cryptocurrency or token that is currently available for trading in the market. It excludes tokens that are locked, reserved, or not yet released.
- 302.31M AZERO
