Introduction

Staking Spookyswap is an excellent choice for those looking to hold BOO 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. 1. Acquire Spookyswap (BOO) Tokens

   To stake Spookyswap, you first need to acquire it. You can purchase Spookyswap from various popular exchanges.

   Platform	Coin	Cost
   CoinEx	Spookyswap (BOO)	0.3

2. 2. Select a Spookyswap Wallet

   Once you have BOO, you'll need to select a Spookyswap wallet to keep your tokens safe. Here are some great options.

3. 3. Delegate Your BOO

   We suggest using a staking pool for staking BOO. It's easier and quicker to start. A staking pool consists of validators who pool their BOO, increasing their chances of validating transactions and earning rewards. You can access this via your wallet's interface.

4. 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 Spookyswap network. You will be rewarded with BOO 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.