error while formatting en-vn message: how-to.verb.stake.hero.lead
A comprehensive guide on how to stake Covalent Query Token (CQT)
We have extensive data on staking Covalent Query Token (CQT) and we are sharing some of this information with you.
We present various staking options with different coins that may pique your interest.
missing en-vn translation: common.latest-movements-copy
Staking Covalent Query Token is an excellent choice for those looking to hold CQT 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.
To stake Covalent Query Token, you first need to acquire it. You can purchase Covalent Query Token from various popular exchanges.
Once you have CQT, you'll need to select a Covalent Query Token wallet to keep your tokens safe. Here are some great options.
| Platform | Coin | Staking benefits |
|---|---|---|
| Stakely.io | Covalent Query Token (CQT) | Earn up to 10.58% APY |
We suggest using a staking pool for staking CQT. It's easier and quicker to start. A staking pool consists of validators who pool their CQT, increasing their chances of validating transactions and earning rewards. You can access this via your wallet's interface.
You will need to wait for your deposit to be confirmed by your wallet. Once confirmed, you will automatically validate transactions on the Covalent Query Token network. You will be rewarded with CQT for these validations.
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.
CQT
ADA
BCH
BNB
BTC
DOGE
ETH
FIGR_HELOC
LINK
SOL
STETH
TRX
USDC
