Introduction
Staking Lovely Inu Finance can be a great option for those who want to hold LOVELY while earning yield safely and contributing to the network. The steps may seem daunting, especially the first time you attempt them. That's why we've created this guide for you.
Step-by-Step Guide
1. Obtain Lovely Inu Finance (LOVELY) Tokens
To stake Lovely Inu Finance, you need to own it. To obtain Lovely Inu Finance, you'll need to buy it. You can choose from these popular exchanges.
2. Choose a Lovely Inu Finance Wallet
Once you have LOVELY, you'll need to choose a Lovely Inu Finance wallet to store your tokens. Here are some great options.
3. Delegate Your LOVELY
We recommend using a staking pool when staking LOVELY. It's simpler and quicker to get started. A staking pool is a group of validators who combine their LOVELY, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
4. Begin Validation
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 Lovely Inu Finance network. You'll be rewarded with LOVELY for these validations.
What to Be Aware Of
There are transaction and staking pool fees to consider. Additionally, there may be a waiting period before you start earning rewards. The staking pool needs to generate blocks, which can take some time.
Latest Movements
- Market capitalisation
- USDĀ 4.55M
- 24-hour volume
- USDĀ 545,474
- Circulating supply
- 2.98B LOVELY
