Introduction
Staking Bridged Curve DAO Token (Stargate) can be an excellent choice for those looking to hold CRV 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. Acquire Bridged Curve DAO Token (Stargate) (CRV) Tokens
To stake Bridged Curve DAO Token (Stargate), you first need to acquire it. To obtain Bridged Curve DAO Token (Stargate), you'll need to buy it. You can select from these popular exchanges available in South Africa.
2. Select a Bridged Curve DAO Token (Stargate) Wallet
Once you have CRV, you'll need to choose a Bridged Curve DAO Token (Stargate) wallet to store your tokens securely. Here are some solid options to consider.
3. Delegate Your CRV
We recommend using a staking pool when staking CRV. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their CRV, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
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 Bridged Curve DAO Token (Stargate) network. You'll be rewarded with CRV 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.
