How to Stake Homer (SIMPSON) in Vietnam

Introduction

Staking Homer is an excellent choice for those looking to hold SIMPSON 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 Homer (SIMPSON) Tokens

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

   Platform	Coin	Cost
   Bitmart	Homer (SIMPSON)	0
   MEXC Global	Homer (SIMPSON)	0

   View all 5 prices

2. 2. Select a Homer Wallet

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

   Platform	Coin	Staking benefits
   Bitmart	Homer (SIMPSON)	Earn up to 0.5% APY

3. 3. Delegate Your SIMPSON

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