Introduction
Staking Marlin can be a great option for those who want to hold POND 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 Marlin (POND) tokens
In order to stake Marlin, you need to have it. To obtain Marlin, you'll need to purchase it. You can choose from these popular exchanges.
See all 10 pricesPlatform Coin Price Bitpanda Marlin (POND) $0.0127 Kraken Marlin (POND) $0.0127 Binance Marlin (POND) $0.0121 Coinbase Marlin (POND) $0.0126 Bitmart Marlin (POND) $0.0223 BingX Marlin (POND) $0.0127 2. Choose a Marlin wallet
Once you have POND, you’ll need to choose a Marlin wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards Binance Marlin (POND) Up to 3.4% APY 3. Delegate your POND
We recommend using a staking pool when staking POND. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their POND, 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 Marlin network. You’ll be rewarded with POND 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
Marlin (POND) is currently priced at $0.0127 with a 24-hour trading volume of $4.58M. In the last 24 hours, Marlin has seen an increase of 0.63%. The market cap of Marlin stands at 101.67M, with $8.09B POND in circulation. For those looking to buy or trade Marlin, reputable platforms like Bitpanda, Kraken and Coinbase offer avenues to do so securely and efficiently.
- Market cap
- $101.67M
- 24h Volume
- $4.58M
- Circulating supply
- $8.09B