Introduction
Staking Boson Protocol can be a great option for those who want to hold BOSON 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
1. Obtain Boson Protocol (BOSON) tokens
In order to stake Boson Protocol, you need to have it. To obtain Boson Protocol, you'll need to purchase it. You can choose from these popular exchanges.
See all 5 pricesPlatform Coin Price BingX Boson Protocol (BOSON) $0.2464 Bitmart Boson Protocol (BOSON) $0.4305 MEXC Global Boson Protocol (BOSON) $0.2468 Kucoin Boson Protocol (BOSON) $0.2467 Crypto.com Boson Protocol (BOSON) $0.2465 2. Choose a Boson Protocol wallet
Once you have BOSON, you’ll need to choose a Boson Protocol wallet to store your tokens. Here are some good options.
3. Delegate your BOSON
We recommend using a staking pool when staking BOSON. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their BOSON, which gives them a higher 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 Boson Protocol network. You’ll be rewarded with BOSON 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.
Latest movements
Boson Protocol (BOSON) is currently priced at $0.2464 with a 24-hour trading volume of $572.55K. In the last 24 hours, Boson Protocol has seen an increase of 2.71%. The market cap of Boson Protocol stands at 32.69M, with $132.65M BOSON in circulation. For those looking to buy or trade Boson Protocol, reputable platforms like BingX, MEXC Global and Kucoin offer avenues to do so securely and efficiently.
- Market cap
- $32.69M
- 24h Volume
- $572.55K
- Circulating supply
- $132.65M