Introduction
Staking SSV Network can be a great option for those who want to hold SSV 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. Obtain SSV Network (SSV) Tokens
In order to stake SSV Network, you need to have it. To obtain SSV Network, you'll need to purchase it. You can choose from these popular exchanges.
See all 38 pricesPlatform Coin Price Kraken SSV Network (SSV) 6.05 OKX SSV Network (SSV) 6.04 Binance SSV Network (SSV) 6.05 Bitget SSV Network (SSV) 6.05 MEXC Global SSV Network (SSV) 6.06 Kucoin SSV Network (SSV) 6.05 2. Choose a SSV Network Wallet
Once you have SSV, you'll need to choose a SSV Network wallet to store your tokens. Here are some good options.
3. Delegate Your SSV
We recommend using a staking pool when staking SSV. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their SSV, 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 SSV Network network. You'll be rewarded with SSV 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
- Market cap
- $143.58M
- 24h volume
- $44.77M
- Circulating supply
- 7.09M SSV