Introduction

Staking Decentralized Social can be a great option for those who want to hold DESO 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 Decentralized Social (DESO) Tokens

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

   Platform	Coin	Price
   Coinbase	Decentralized Social (DESO)	6,92
   Gate.io	Decentralized Social (DESO)	6,22
   CoinEx	Decentralized Social (DESO)	6,25
   HTX	Decentralized Social (DESO)	6,33

   See all 7 prices

2. 2. Choose a Decentralized Social Wallet

   Once you have DESO, you'll need to choose a Decentralized Social wallet to store your tokens. Here are some good options.

3. 3. Delegate Your DESO

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