Introduction

Staking Shadow Token can be a great option for those who want to hold SHDW 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 Shadow Token (SHDW) Tokens

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

   Platform	Coin	Price
   Gate.io	Shadow Token (SHDW)	0.08
   CoinEx	Shadow Token (SHDW)	0.09
   Crypto.com	Shadow Token (SHDW)	0.08
   SwissBorg	Shadow Token (SHDW)	0.09

   See all 8 prices

2. 2. Choose a Shadow Token Wallet

   Once you have SHDW, you'll need to choose a Shadow Token wallet to store your tokens. Here are some good options.

3. 3. Delegate Your SHDW

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