Introduction
Staking Lambda can be a great option for those who want to hold LAMB but earn yield in a secure way while contributing to the network. The steps can be a bit overwhelming, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-step guide
1. Obtain Lambda (LAMB) Tokens
To stake Lambda, you need to have it. To get Lambda, you'll need to buy it. You can choose from these popular exchanges.
See all 10 pricesPlatform Coin Price OKX Lambda (LAMB) 0.000109 MEXC Global Lambda (LAMB) 0.00004731 Gate.io Lambda (LAMB) 0.00001017 BingX Lambda (LAMB) 0.0001004 HTX Lambda (LAMB) 0.000048 2. Choose a Lambda Wallet
Once you have LAMB, you’ll need to choose a Lambda wallet to store your tokens. Here are some lekker options.
Platform Coin Staking rewards MyCointainer Lambda (LAMB) Up to 30.4% APY 3. Delegate Your LAMB
We recommend using a staking pool when staking LAMB. It’s simpler and quicker to get going. A staking pool is a group of validators who combine their LAMB, which gives them a better chance of validating transactions and earning rewards. You can do 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 Lambda network. You'll be rewarded with LAMB for these validations.
What to be Aware of
There are transaction and staking pool fees you need to consider. There might also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this might take some time.
Latest Movements
Lambda (LAMB) is presently priced at US$30,4 with a 24-hour trading volume of US$1,18M. The market cap of Lambda stands at US$4,19M, with 1,86B LAMB in circulation. For those interested in buying or trading Lambda, MyCointainer offers ways to do so safely and efficiently
- Market cap
- US$4,19M
- 24h trading volume
- US$1,18M
- Circulating supply
- 1,86B LAMB