Where & how to stake Humanode (HMND)

Introduction

Staking Humanode can be a great option for those who want to hold HMND 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 Humanode (HMND) tokens

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

   Platform	Coin	Price
   Bitmart	Humanode (HMND)	$0.0884
   BingX	Humanode (HMND)	$0.0884
   MEXC Global	Humanode (HMND)	$0.0858
   Kucoin	Humanode (HMND)	$0.0884

   See all 4 prices

2. 2. Choose a Humanode wallet

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

   Platform	Coin	Staking rewards
   Bitmart	Humanode (HMND)	Up to 1% APY

3. 3. Delegate your HMND

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