Where & how to stake Marlin (POND)

Introduction

Staking Marlin can be a great option for those who want to hold POND 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

1. 1. Obtain Marlin (POND) tokens

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

   Platform	Coin	Price
   Bitpanda	Marlin (POND)	$0.0134
   Kraken	Marlin (POND)	$0.0131
   Binance	Marlin (POND)	$0.0121
   Coinbase	Marlin (POND)	$0.0134
   Bitmart	Marlin (POND)	$0.0223
   BingX	Marlin (POND)	$0.0134

   See all 10 prices

2. 2. Choose a Marlin wallet

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

   Platform	Coin	Staking rewards
   Binance	Marlin (POND)	Up to 3.4% APY

3. 3. Delegate your POND

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