Introduction
Staking Telos can be a great option for those who want to hold TLOS 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 Telos (TLOS) tokens
In order to stake Telos, you need to have it. To obtain Telos, you'll need to purchase it. You can choose from these popular exchanges.
See all 5 pricesPlatform Coin Price Uphold Telos (TLOS) $0.1472 Bitmart Telos (TLOS) $0.2148 MEXC Global Telos (TLOS) $0.2182 Kucoin Telos (TLOS) $0.2179 Bitget Telos (TLOS) $0.2192 2. Choose a Telos wallet
Once you have TLOS, you’ll need to choose a Telos wallet to store your tokens. Here are some good options.
3. Delegate your TLOS
We recommend using a staking pool when staking TLOS. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their TLOS, 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 Telos network. You’ll be rewarded with TLOS 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
Telos (TLOS) is currently priced at $0.2192 with a 24-hour trading volume of $23.48M. In the last 24 hours, Telos has seen an increase of 5.32%. The market cap of Telos stands at 92.48M, with $420.00M TLOS in circulation. For those looking to buy or trade Telos, reputable platforms like MEXC Global, Kucoin and Bitget offer avenues to do so securely and efficiently.
- Market cap
- $92.48M
- 24h Volume
- $23.48M
- Circulating supply
- $420.00M