Where & how to stake Floki (FLOKI)

Introduction

Staking Floki can be a great option for those who want to hold FLOKI 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. 1. Obtain Floki (FLOKI) tokens

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

   Platform	Coin	Price
   Bitpanda	Floki (FLOKI)	$0.0001
   M2	Floki (FLOKI)	$0.0001
   YouHodler	Floki (FLOKI)	$0.0001
   Uphold	Floki (FLOKI)	$0.0001
   Kraken	Floki (FLOKI)	$0.0001
   OKX	Floki (FLOKI)	$0.0001

   See all 16 prices

2. 2. Choose a Floki wallet

   Once you have FLOKI, you’ll need to choose a Floki wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   Bitmart	Floki (FLOKI)	Up to 1% APY
   Binance	Floki (FLOKI)	Up to 7% APY

3. 3. Delegate your FLOKI

   We recommend using a staking pool when staking FLOKI. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their FLOKI, 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 Floki network. You’ll be rewarded with FLOKI 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.