Where & How to Stake Bone ShibaSwap (BONE)

Introduction

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.

Step-by-Step Guide

1. 1. Obtain Bone ShibaSwap (BONE) Tokens

   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.

   Platform	Coin	Price
   Uphold	Bone ShibaSwap (BONE)	$0.3991
   OKX	Bone ShibaSwap (BONE)	$0.392
   BingX	Bone ShibaSwap (BONE)	$0.3927
   Bitmart	Bone ShibaSwap (BONE)	$0.3925
   Bitget	Bone ShibaSwap (BONE)	$0.3984
   Crypto.com	Bone ShibaSwap (BONE)	$0.3965

   See all 6 prices

2. 2. Choose a Bone ShibaSwap Wallet

   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

3. 3. Delegate Your BONE

   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.

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 Bone ShibaSwap network. You’ll be rewarded with BONE 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.