Introduction
Staking Marlin is an excellent choice for those looking to hold POND 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 Marlin (POND) Tokens
To stake Marlin, you first need to acquire it. You can purchase Marlin from various popular exchanges.
View all 35 pricesPlatform Coin Cost Kraken Marlin (POND) 0.01 Binance Marlin (POND) 0.01 Coinbase Marlin (POND) 0.01 BingX Marlin (POND) 0.01 Bitget Marlin (POND) 0.01 Bitpanda Marlin (POND) 0.02 2. Select a Marlin Wallet
Once you have POND, you'll need to select a Marlin wallet to keep your tokens safe. Here are some great options.
Platform Coin Staking benefits Binance Marlin (POND) Earn up to 1.82% APY 3. Delegate Your POND
We suggest using a staking pool for staking POND. It's easier and quicker to start. A staking pool consists of validators who pool their POND, 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 Marlin network. You will be rewarded with POND 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
Marlin (POND) is currently priced at $1.82 with a 24-hour trading volume of $10.04M. The market cap of Marlin stands at $175.17M, with 8.09B POND in circulation. For those looking to buy or trade Marlin, Binance offers avenues to do so securely and efficiently
- Market capitalization
- $175.17M
- 24-hour trading volume
- $10.04M
- 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.
- 8.09B POND