Introduction
Staking Polyhedra Network can be a great option for those who want to hold ZKJ 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. Obtain Polyhedra Network (ZKJ) Tokens
In order to stake Polyhedra Network, you need to have it. To obtain Polyhedra Network, you'll need to purchase it. You can choose from these popular exchanges.
2. Choose a Polyhedra Network Wallet
Once you have ZKJ, you’ll need to choose a Polyhedra Network wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards Bitmart Polyhedra Network (ZKJ) Up to 1.00 APY 3. Delegate Your ZKJ
We recommend using a staking pool when staking ZKJ. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their ZKJ, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
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 Polyhedra Network network. You’ll be rewarded with ZKJ 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.
Latest Movements
Polyhedra Network (ZKJ) is currently priced at $1.00 with a 24-hour trading volume of $6.68M. The market cap of Polyhedra Network stands at $69.56M, with $60.38M ZKJ in circulation. For those looking to buy or trade Polyhedra Network, Bitmart offers avenues to do so securely and efficiently}
- Market cap
- $69.56M
- 24h volume
- $6.68M
- Circulating supply
- $60.38M