Introduction
Staking Razor Network is an excellent choice for those looking to hold RAZOR 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 Razor Network (RAZOR) Tokens
To stake Razor Network, you first need to acquire it. You can purchase Razor Network from various popular exchanges.
View all 4 pricesPlatform Coin Cost Gate.io Razor Network (RAZOR) 0.000821 MEXC Global Razor Network (RAZOR) 0.0007749 2. Select a Razor Network Wallet
Once you have RAZOR, you'll need to select a Razor Network wallet to keep your tokens safe. Here are some great options.
Platform Coin Staking benefits Stakin Razor Network (RAZOR) Earn up to 10.79% APY 3. Delegate Your RAZOR
We suggest using a staking pool for staking RAZOR. It's easier and quicker to start. A staking pool consists of validators who pool their RAZOR, 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 Razor Network network. You will be rewarded with RAZOR 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
- $973,123
- 24-hour trading volume
- $6,278.76
- 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.
- 561.19M RAZOR
