Introduction
Staking JUNO is an excellent choice for those looking to hold JUNO 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 JUNO (JUNO) Tokens
To stake JUNO, you first need to acquire it. You can purchase JUNO from various popular exchanges.
View all 4 pricesPlatform Coin Cost Kraken JUNO (JUNO) 0.07 MEXC Global JUNO (JUNO) 0.07 2. Select a JUNO Wallet
Once you have JUNO, you'll need to select a JUNO wallet to keep your tokens safe. Here are some great options.
View all 6 staking rewardsPlatform Coin Staking benefits Stakely.io JUNO (JUNO) Earn up to 23.81% APY Stakewolle JUNO (JUNO) Earn up to 30.57% APY Stakin JUNO (JUNO) Earn up to 25.57% APY 3. Delegate Your JUNO
We suggest using a staking pool for staking JUNO. It's easier and quicker to start. A staking pool consists of validators who pool their JUNO, 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 JUNO network. You will be rewarded with JUNO 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
JUNO (JUNO) is currently priced at $23.81 with a 24-hour trading volume of $87,352. The market cap of JUNO stands at $14.31M, with 79.51M JUNO in circulation. For those looking to buy or trade JUNO, Stakely.io offers avenues to do so securely and efficiently
- Market capitalization
- $14.31M
- 24-hour trading volume
- $87,352
- 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.
- 79.51M JUNO