Introduction
Staking Starknet is an excellent choice for those looking to hold STRK 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 Starknet (STRK) Tokens
To stake Starknet, you first need to acquire it. You can purchase Starknet from various popular exchanges.
View all 58 pricesPlatform Coin Cost YouHodler Starknet (STRK) 0.13 Binance Starknet (STRK) 0.13 BTSE Starknet (STRK) 0.13 Coinbase Starknet (STRK) 0.13 Kraken Starknet (STRK) 0.13 OKX Starknet (STRK) 0.13 2. Select a Starknet Wallet
Once you have STRK, you'll need to select a Starknet wallet to keep your tokens safe. Here are some great options.
3. Delegate Your STRK
We suggest using a staking pool for staking STRK. It's easier and quicker to start. A staking pool consists of validators who pool their STRK, 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 Starknet network. You will be rewarded with STRK 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
Starknet (STRK) is currently priced at $16.31 with a 24-hour trading volume of $66.99M. The market cap of Starknet stands at $1.04B, with 2.42B STRK in circulation. For those looking to buy or trade Starknet, Everstake offers avenues to do so securely and efficiently
- Market capitalization
- $1.04B
- 24-hour trading volume
- $66.99M
- 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.
- 2.42B STRK