Introduction
Staking Story is an excellent choice for those looking to hold story 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 Story (story) Tokens
To stake Story, you first need to acquire it. You can purchase Story from various popular exchanges.
View all 22 pricesPlatform Coin Cost BTSE Story (story) 2.23 Coinbase Story (story) 2.43 Kraken Story (story) 2.43 OKX Story (story) 2.4 Uphold Story (story) 4.2 BingX Story (story) 2.45 2. Select a Story Wallet
Once you have story, you'll need to select a Story wallet to keep your tokens safe. Here are some great options.
Platform Coin Staking benefits Everstake Story (story) Earn up to 6.78% APY 3. Delegate Your story
We suggest using a staking pool for staking story. It's easier and quicker to start. A staking pool consists of validators who pool their story, 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 Story network. You will be rewarded with story 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.
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