How to Stake Carbon Protocol (SWTH) in Vietnam

Introduction

Staking Carbon Protocol is an excellent choice for those looking to hold SWTH 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. 1. Acquire Carbon Protocol (SWTH) Tokens

   To stake Carbon Protocol, you first need to acquire it. You can purchase Carbon Protocol from various popular exchanges.

   Platform	Coin	Cost
   Gate.io	Carbon Protocol (SWTH)	0.0009
   MEXC Global	Carbon Protocol (SWTH)	0

   View all 4 prices

2. 2. Select a Carbon Protocol Wallet

   Once you have SWTH, you'll need to select a Carbon Protocol wallet to keep your tokens safe. Here are some great options.

   Platform	Coin	Staking benefits
   MyCointainer	Carbon Protocol (SWTH)	Earn up to 6.05% APY

3. 3. Delegate Your SWTH

   We suggest using a staking pool for staking SWTH. It's easier and quicker to start. A staking pool consists of validators who pool their SWTH, increasing their chances of validating transactions and earning rewards. You can access this via your wallet's interface.

4. 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 Carbon Protocol network. You will be rewarded with SWTH 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.