Introduction
Staking Nolus is an excellent choice for those looking to hold NLS 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 Nolus (NLS) Tokens
To stake Nolus, you first need to acquire it. You can purchase Nolus from various popular exchanges.
View all 4 pricesPlatform Coin Cost Bitmart Nolus (NLS) 0.01 MEXC Global Nolus (NLS) 0.01 2. Select a Nolus Wallet
Once you have NLS, you'll need to select a Nolus wallet to keep your tokens safe. Here are some great options.
Platform Coin Staking benefits Stakewolle Nolus (NLS) Earn up to 15% APY 3. Delegate Your NLS
We suggest using a staking pool for staking NLS. It's easier and quicker to start. A staking pool consists of validators who pool their NLS, 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 Nolus network. You will be rewarded with NLS 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
Nolus (NLS) is currently priced at $15 with a 24-hour trading volume of $16,734.33. The market cap of Nolus stands at $5.28M, with 460.29M NLS in circulation. For those looking to buy or trade Nolus, Stakewolle offers avenues to do so securely and efficiently
- Market capitalization
- $5.28M
- 24-hour trading volume
- $16,734.33
- 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.
- 460.29M NLS