Where and How to Stake Tellor (TRB)

Introduction

Staking Tellor can be a great option for those who want to hold TRB 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 Tellor (TRB) Tokens

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

   Platform	Coin	Price
   Bitpanda	Tellor (TRB)	56.76
   Uphold	Tellor (TRB)	56.20
   OKX	Tellor (TRB)	56.34
   Binance	Tellor (TRB)	58.04
   Coinbase	Tellor (TRB)	56.83
   BTSE	Tellor (TRB)	58.00

   See all 17 prices

2. 2. Choose a Tellor Wallet

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

   Platform	Coin	Staking rewards
   Bitmart	Tellor (TRB)	Up to 4.00 APY

3. 3. Delegate Your TRB

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