How to Stake Sentinel (DVPN)

Introduction

Staking Sentinel can be an excellent choice for those looking to hold DVPN while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-time users. That's why we've created this guide to assist you.

Step-by-Step Anleitung

1. 1. Acquire Sentinel (DVPN) Tokens

   To stake Sentinel, you first need to acquire it. To obtain Sentinel, you'll need to purchase it. You can choose from these well-known exchanges available in Germany.

   Plattform	Kryptowährung	Price
   Kucoin	Sentinel (DVPN)	0,0002887 APY

2. 2. Select a Sentinel Wallet

   Once you have DVPN, you'll need to select a Sentinel wallet to securely store your tokens. Here are some solid options to consider.

   Plattform	Kryptowährung	Staking rewards
   Stakewolle	Sentinel (DVPN)	Up to 37,3 % APY
   Stakin	Sentinel (DVPN)	Up to 20,87 % APY

   Discover all 4 staking rewards available

3. 3. Delegate Your DVPN

   We recommend using a staking pool when staking DVPN. It's simpler and faster to get started. A staking pool is a collective of validators who pool their DVPN, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Start Validating

   You will need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you will automatically validate transactions on the Sentinel network. For these validations, you will be rewarded with DVPN.

What to Consider

There are transaction and staking pool fees you need to consider. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, and this process can take some time.