Introduction
Staking Sora AI can be a great option for those who want to hold SORA but earn yield in a safe way while contributing to the network. The steps can be a bit daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-Step Guide
1. Acquire Sora AI (SORA) Tokens
To stake Sora AI, you need to own it. To get Sora AI, you'll need to buy it. You can select from these popular exchanges.
See all 5 pricesPlatform Coin Price Bitget Sora AI (SORA) 0 MEXC Global Sora AI (SORA) 0.000392 CoinEx Sora AI (SORA) 0.0003903 2. Choose a Sora AI Wallet
Once you have SORA, you’ll need to choose a Sora AI wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards Bitmart Sora AI (SORA) Up to 1 APY 3. Delegate Your SORA
We recommend using a staking pool when staking SORA. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their SORA, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
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 Sora AI network. You’ll be rewarded with SORA for these validations.
What to be Aware of
There are transaction and staking pool fees you need to consider. There might 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
Sora AI (SORA) is currently priced at USD 1 with a 24-hour trading volume of USD 545,322. For those looking to buy or trade Sora AI, Bitmart offers avenues to do so securely and efficiently
- 24h volume
- USD 545,322