Introduction
Staking Lambda is an excellent choice for those looking to hold LAMB 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 Lambda (LAMB) Tokens
To stake Lambda, you first need to acquire it. You can purchase Lambda from various popular exchanges.
View all 10 pricesPlatform Coin Cost OKX Lambda (LAMB) 0.000109 BingX Lambda (LAMB) 0.0001004 Gate.io Lambda (LAMB) 0.00001017 HTX Lambda (LAMB) 0.000048 MEXC Global Lambda (LAMB) 0.00004731 2. Select a Lambda Wallet
Once you have LAMB, you'll need to select a Lambda wallet to keep your tokens safe. Here are some great options.
Platform Coin Staking benefits MyCointainer Lambda (LAMB) Earn up to 30.4% APY 3. Delegate Your LAMB
We suggest using a staking pool for staking LAMB. It's easier and quicker to start. A staking pool consists of validators who pool their LAMB, 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 Lambda network. You will be rewarded with LAMB 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
- $4.19M
- 24-hour trading volume
- $1.18M
- 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.
- 1.86B LAMB
