Introduction
Staking Terra Luna Classic is an excellent choice for those looking to hold LUNC 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 Terra Luna Classic (LUNC) Tokens
To stake Terra Luna Classic, you first need to acquire it. You can purchase Terra Luna Classic from various popular exchanges.
View all 27 pricesPlatform Coin Cost Binance Terra Luna Classic (LUNC) 0.00003929 BTSE Terra Luna Classic (LUNC) 0.00003931 OKX Terra Luna Classic (LUNC) 0.0000599 Uphold Terra Luna Classic (LUNC) 0.00006084 BingX Terra Luna Classic (LUNC) 0.00003956 Bitget Terra Luna Classic (LUNC) 0.00003934 2. Select a Terra Luna Classic Wallet
Once you have LUNC, you'll need to select a Terra Luna Classic wallet to keep your tokens safe. Here are some great options.
View all 5 staking rewardsPlatform Coin Staking benefits Bitget Terra Luna Classic (LUNC) Earn up to 8% APY Bitmart Terra Luna Classic (LUNC) Earn up to 0.3% APY 3. Delegate Your LUNC
We suggest using a staking pool for staking LUNC. It's easier and quicker to start. A staking pool consists of validators who pool their LUNC, 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 Terra Luna Classic network. You will be rewarded with LUNC 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
- $563.82M
- 24-hour trading volume
- $22.77M
- 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.
- 5.51T LUNC
