Where and How to Stake Osmosis (OSMO)

Introduction

Staking Osmosis can be a great option for those who want to hold OSMO 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 Osmosis (OSMO) Tokens

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

   Platform	Coin	Price
   Nexo	Osmosis (OSMO)	0.43
   Kraken	Osmosis (OSMO)	0.43
   Binance	Osmosis (OSMO)	0.43
   Coinbase	Osmosis (OSMO)	0.43
   Bitmart	Osmosis (OSMO)	0.43
   MEXC Global	Osmosis (OSMO)	0.43

   See all 19 prices

2. 2. Choose a Osmosis Wallet

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

   Platform	Coin	Staking rewards
   Binance	Osmosis (OSMO)	Up to 5.9 APY
   Bitget	Osmosis (OSMO)	Up to 8 APY
   Ledger	Osmosis (OSMO)	Up to 25 APY

   See all 12 staking rewards

3. 3. Delegate Your OSMO

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