Where and How to Stake Decimal (DEL)

Introduction

Staking Decimal can be a great option for those who want to hold DEL 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 Decimal (DEL) Tokens

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

   Platform	Coin	Price
   MEXC Global	Decimal (DEL)	0

2. 2. Choose a Decimal Wallet

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

   Platform	Coin	Staking rewards
   MyCointainer	Decimal (DEL)	Up to 41.18 APY

3. 3. Delegate Your DEL

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