Where & How to Stake Apes Go Bananas (AGB)

Introduction

Staking Apes Go Bananas can be a great option for those who want to hold AGB but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. 1. Obtain Apes Go Bananas (AGB) Tokens

   In order to stake Apes Go Bananas, you need to have it. To obtain Apes Go Bananas, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Bitmart	Apes Go Bananas (AGB)	$0

2. 2. Choose a Apes Go Bananas Wallet

   Once you have AGB, you’ll need to choose a Apes Go Bananas wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   Bitmart	Apes Go Bananas (AGB)	Up to 1% APY

3. 3. Delegate Your AGB

   We recommend using a staking pool when staking AGB. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their AGB, which gives them a higher chance of validating transactions and earning rewards. You can do 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 Apes Go Bananas network. You’ll be rewarded with AGB for these validations.

What to be Aware of

There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.