Where and how to stake Razor Network (RAZOR)

Introduction

Staking Razor Network can be a great option for those who wish to hold RAZOR while earning yield in a safe manner and contributing to the network. The steps can be somewhat daunting, especially the first time you do them. That’s why we have put together this guide for you.

Step-by-Step Guide

1. 1. Acquire Razor Network (RAZOR) Tokens

   To stake Razor Network, you need to have it. To obtain Razor Network, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   MEXC Global	Razor Network (RAZOR)	0.0007749
   Gate.io	Razor Network (RAZOR)	0.000821

   See all 4 prices

2. 2. Select a Razor Network Wallet

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

   Platform	Coin	Staking rewards
   Stakin	Razor Network (RAZOR)	Up to 10.79% APY

3. 3. Delegate Your RAZOR

   We suggest using a staking pool for staking RAZOR. It's easier and quicker to get started. A staking pool is a collection of validators who combine their RAZOR, which increases their odds of validating transactions and earning rewards. You can do this through your wallet’s interface.

4. 4. Start Validating

   You'll have to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Razor Network network. You'll be rewarded with RAZOR for these validations.

What to Keep in Mind

You need to keep in mind the transaction and staking pool fees. Additionally, there might be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this can take a while.