Where and How to Stake Terra Luna Classic (LUNC)

Introduction

Staking Terra Luna Classic can be a great option for those who want to hold LUNC 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 Terra Luna Classic (LUNC) Tokens

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

   Platform	Coin	Price
   Bitpanda	Terra Luna Classic (LUNC)	0.00
   Uphold	Terra Luna Classic (LUNC)	0.00
   Kraken	Terra Luna Classic (LUNC)	0.00
   OKX	Terra Luna Classic (LUNC)	0.00
   Binance	Terra Luna Classic (LUNC)	0.00
   BTSE	Terra Luna Classic (LUNC)	0.00

   See all 12 prices

2. 2. Choose a Terra Luna Classic Wallet

   Once you have LUNC, you’ll need to choose a Terra Luna Classic wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   Bitmart	Terra Luna Classic (LUNC)	Up to 0.30 APY

3. 3. Delegate Your LUNC

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