Where and How to Stake Rose Finance (ROSE)

Introduction

Staking Rose Finance can be a great option for those who want to hold ROSE 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 Rose Finance (ROSE) Tokens

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

   Platform	Coin	Price
   Coinbase	Rose Finance (ROSE)	0.09
   MEXC Global	Rose Finance (ROSE)	0.09
   Kucoin	Rose Finance (ROSE)	0.09
   CoinEx	Rose Finance (ROSE)	0.09
   Hotcoin	Rose Finance (ROSE)	0.09

   See all 5 prices

2. 2. Choose a Rose Finance Wallet

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

   Platform	Coin	Staking rewards
   Kucoin	Rose Finance (ROSE)	Up to 3 APY

3. 3. Delegate Your ROSE

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