How to Stake Agoric (BLD)

Introduction

Staking Agoric can be an excellent choice for those looking to hold BLD while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.

Step-by-Step Guide for South African Investors

1. 1. Acquire Agoric (BLD) Tokens

   To stake Agoric, you first need to acquire it. To obtain Agoric, you'll need to buy it. You can select from these popular exchanges available in South Africa.

   Platform	Mint	Cost
   Bitmart	Agoric (BLD)	0,01
   CoinEx	Agoric (BLD)	0,01
   CoinList	Agoric (BLD)	0,02
   Gate.io	Agoric (BLD)	0,01
   HTX	Agoric (BLD)	0,01

   View all 9 prices

2. 2. Select a Agoric Wallet

   Once you have BLD, you'll need to choose a Agoric wallet to store your tokens securely. Here are some solid options to consider.

   Platform	Mint	Staking rewards in South Africa
   Chainode Tech	Agoric (BLD)	Up to 13% APY
   Stakely.io	Agoric (BLD)	Up to 10,23% APY
   Stakin	Agoric (BLD)	Up to 13,22% APY

   View all 6 staking rewards available

3. 3. Delegate Your BLD

   We recommend using a staking pool when staking BLD. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their BLD, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Start Validating

   You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Agoric network. You'll be rewarded with BLD for these validations.

What to Keep in Mind

There are transaction and staking pool fees you need to take into account. Additionally, there may be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this process can take some time.