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Where & how to stake Shiden Network (SDN)

Earn up to
13.8% APY

Stake with MyCointainer

What you'll learn

  1. 1

    How to stake Shiden Network (SDN)

    An in-depth guide on how to stake Shiden Network (SDN)

  2. 2

    Statistics about Shiden Network staking

    We have a lot of data on staking Shiden Network (SDN) and we share some of this with you.

  3. 3

    Other coins you can stake

    We show you some staking options with other coins that could be of interest.

Introduction

Staking Shiden Network can be a great option for those who want to hold SDN 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

  1. 1. Obtain Shiden Network (SDN) tokens

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

  2. 2. Choose a Shiden Network wallet

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

    PlatformCoinStaking rewards
    MyCointainerShiden Network (SDN)Up to 13.8% APY
  3. 3. Delegate your SDN

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

Shiden Network (SDN) is currently priced at $0.1385 with a 24-hour trading volume of $345.15K. In the last 24 hours, Shiden Network has experienced a decrease of -4.6%. The market cap of Shiden Network stands at 9.73M, with $65.55M SDN in circulation. For those looking to buy or trade Shiden Network, Crypto.com offers avenues to do so securely and efficiently.

Market cap
$9.73M
24h Volume
$345.15K
Circulating supply
$65.55M
See latest information

Frequently asked questions about staking Shiden Network (SDN)

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