Introduction

Staking The Knowers can be a great option for those who want to hold KNOW but earn yield in a secure way while contributing to the network. The steps can be a bit overwhelming, 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 The Knowers (KNOW) Tokens

   To stake The Knowers, you need to have it. To get The Knowers, you'll need to buy it. You can choose from these popular exchanges.

2. 2. Choose a The Knowers Wallet

   Once you have KNOW, you’ll need to choose a The Knowers wallet to store your tokens. Here are some lekker options.

3. 3. Delegate Your KNOW

   We recommend using a staking pool when staking KNOW. It’s simpler and quicker to get going. A staking pool is a group of validators who combine their KNOW, which gives them a better 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 The Knowers network. You'll be rewarded with KNOW 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 might take some time.