Introduction
Staking FLOKI is an excellent choice for those looking to hold FLOKI 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 FLOKI (FLOKI) Tokens
To stake FLOKI, you first need to acquire it. You can purchase FLOKI from various popular exchanges.
View all 49 pricesPlatform Coin Cost YouHodler FLOKI (FLOKI) 0.00004059 Binance FLOKI (FLOKI) 0.00004062 BTSE FLOKI (FLOKI) 0.00004064 Coinbase FLOKI (FLOKI) 0.0000405 Kraken FLOKI (FLOKI) 0.00004053 OKX FLOKI (FLOKI) 0.00006549 2. Select a FLOKI Wallet
Once you have FLOKI, you'll need to select a FLOKI wallet to keep your tokens safe. Here are some great options.
View all 6 staking rewardsPlatform Coin Staking benefits YouHodler FLOKI (FLOKI) Earn up to 15% APY Binance FLOKI (FLOKI) Earn up to 5.44% APY Bitmart FLOKI (FLOKI) Earn up to 1% APY 3. Delegate Your FLOKI
We suggest using a staking pool for staking FLOKI. It's easier and quicker to start. A staking pool consists of validators who pool their FLOKI, 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 FLOKI network. You will be rewarded with FLOKI 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
- $1.58B
- 24-hour trading volume
- $262.43M
- 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.
- 9.67T FLOKI
