Introduction

Staking UX Chain can be a great option for those who wish to hold UX while earning yield in a safe manner and contributing to the network. The steps can be somewhat daunting, especially the first time you do them. That’s why we have put together this guide for you.

Step-by-Step Guide

1. 1. Acquire UX Chain (UX) Tokens

   To stake UX Chain, you need to have it. To obtain UX Chain, you'll need to buy it. You can choose from these popular exchanges.

2. 2. Select a UX Chain Wallet

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

3. 3. Delegate Your UX

   We suggest using a staking pool for staking UX. It's easier and quicker to get started. A staking pool is a collection of validators who combine their UX, which increases their odds of validating transactions and earning rewards. You can do this through your wallet’s interface.

4. 4. Start Validating

   You'll have to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the UX Chain network. You'll be rewarded with UX for these validations.

What to Keep in Mind

You need to keep in mind the transaction and staking pool fees. Additionally, there might be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this can take a while.