Earn up to
8.12% APY
An in-depth guide on how to stake Bone ShibaSwap (BONE)
We have a lot of data on staking Bone ShibaSwap (BONE) and we share some of this with you.
We show you some staking options with other coins that could be of interest.
Bone ShibaSwap (BONE) is currently priced at $8.12 with a 24-hour trading volume of $3.06M. The market cap of Bone ShibaSwap stands at $111.45M, with 249.9M BONE in circulation. For those looking to buy or trade Bone ShibaSwap, MyCointainer offers avenues to do so securely and efficiently
Staking Bone ShibaSwap can be a great option for those who want to hold BONE 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.
In order to stake Bone ShibaSwap, you need to have it. To obtain Bone ShibaSwap, you'll need to purchase it. You can choose from these popular exchanges.
Once you have BONE, you'll need to choose a Bone ShibaSwap wallet to store your tokens. Here are some good options.
| Platform | Coin | Staking rewards |
|---|---|---|
| MyCointainer | Bone ShibaSwap (BONE) | Up to 8.12% APY |
We recommend using a staking pool when staking BONE. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their BONE, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet's interface.
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 Bone ShibaSwap network. You'll be rewarded with BONE for these validations.
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.
