Introduction
Staking Pepecoin Network can be a great option for those who want to hold PEP 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 Pepecoin Network (PEP) Tokens
To stake Pepecoin Network, you need to have it. To get Pepecoin Network, you'll need to buy it. You can choose from these popular exchanges.
2. Choose a Pepecoin Network Wallet
Once you have PEP, you’ll need to choose a Pepecoin Network wallet to store your tokens. Here are some lekker options.
3. Delegate Your PEP
We recommend using a staking pool when staking PEP. It’s simpler and quicker to get going. A staking pool is a group of validators who combine their PEP, 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 Pepecoin Network network. You'll be rewarded with PEP 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
- Market cap
- US$119,48M
- 24h trading volume
- US$1,37M
- Circulating supply
- 87,21B PEP