How to Stake Essentia (ESS) in Vietnam

Introduction

Staking Essentia is an excellent choice for those looking to hold ESS 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 Essentia (ESS) Tokens

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

   Platform	Coin	Cost
   Gate.io	Essentia (ESS)	0.0000974

2. 2. Select a Essentia Wallet

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

   Platform	Coin	Staking benefits
   MyCointainer	Essentia (ESS)	Earn up to 17.3% APY

3. 3. Delegate Your ESS

   We suggest using a staking pool for staking ESS. It's easier and quicker to start. A staking pool consists of validators who pool their ESS, 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 Essentia network. You will be rewarded with ESS 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.