Introduction
Staking Refund can be a great option for those who want to hold RFD 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. Obtain Refund (RFD) Tokens
In order to stake Refund, you need to have it. To obtain Refund, you'll need to purchase it. You can choose from these popular exchanges.
See all 8 pricesPlatform Coin Price MEXC Global Refund (RFD) 0.000002991 Kucoin Refund (RFD) 0.000009916 Gate.io Refund (RFD) 0.000003002 BingX Refund (RFD) 0.000005084 CoinEx Refund (RFD) 0.000002994 2. Choose a Refund Wallet
Once you have RFD, you'll need to choose a Refund wallet to store your tokens. Here are some good options.
3. Delegate Your RFD
We recommend using a staking pool when staking RFD. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their RFD, 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 Refund network. You'll be rewarded with RFD 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
- Market cap
- $4.49M
- 24h volume
- $116,155
- Circulating supply
- 1T RFD