Introduction
Staking The Knowers is an excellent choice for those looking to hold KNOW 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 The Knowers (KNOW) Tokens
To stake The Knowers, you first need to acquire it. You can purchase The Knowers from various popular exchanges.
2. Select a The Knowers Wallet
Once you have KNOW, you'll need to select a The Knowers wallet to keep your tokens safe. Here are some great options.
3. Delegate Your KNOW
We suggest using a staking pool for staking KNOW. It's easier and quicker to start. A staking pool consists of validators who pool their KNOW, 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 The Knowers network. You will be rewarded with KNOW 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
- 24-hour trading volume
- $2,987.87
