Where & how to stake Render (RNDR)

Introduction

Staking Render can be a great option for those who want to hold RNDR 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 Render (RNDR) tokens

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

   Platform	Coin	Price
   Bitpanda	Render (RNDR)	$4.72
   M2	Render (RNDR)	$4.71
   YouHodler	Render (RNDR)	$4.72
   Uphold	Render (RNDR)	$4.98
   Kraken	Render (RNDR)	$4.71
   OKX	Render (RNDR)	$4.72

   See all 18 prices

2. 2. Choose a Render wallet

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

   Platform	Coin	Staking rewards
   Bitmart	Render (RNDR)	Up to 1% APY

3. 3. Delegate your RNDR

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