Where and How to Stake Kaon (AKRO)

Introduction

Staking Kaon can be a great option for those who want to hold AKRO 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 Kaon (AKRO) Tokens

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

   Platform	Coin	Price
   Bitpanda	Kaon (AKRO)	0
   Binance	Kaon (AKRO)	0
   MEXC Global	Kaon (AKRO)	0
   BingX	Kaon (AKRO)	0
   Bitget	Kaon (AKRO)	0
   Kucoin	Kaon (AKRO)	0

   See all 10 prices

2. 2. Choose a Kaon Wallet

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

   Platform	Coin	Staking rewards
   MyCointainer	Kaon (AKRO)	Up to 29.4 APY

3. 3. Delegate Your AKRO

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