Earn up to
6% APY
An in-depth guide on how to stake Velocimeter FLOW (FLOW)
We have a lot of data on staking Velocimeter FLOW (FLOW) and we share some of this with you.
We show you some staking options with other coins that could be of interest.
Velocimeter FLOW (FLOW) is currently priced at $6 with a 24-hour trading volume of $9.56. The market cap of Velocimeter FLOW stands at $22,192, with 271.56M FLOW in circulation. For those looking to buy or trade Velocimeter FLOW, Kucoin offers avenues to do so securely and efficiently
Staking Velocimeter FLOW can be a great option for those who want to hold FLOW 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.
In order to stake Velocimeter FLOW, you need to have it. To obtain Velocimeter FLOW, you'll need to purchase it. You can choose from these popular exchanges.
Once you have FLOW, you'll need to choose a Velocimeter FLOW wallet to store your tokens. Here are some good options.
| Platform | Coin | Staking rewards |
|---|---|---|
| Kucoin | Velocimeter FLOW (FLOW) | Up to 6% APY |
We recommend using a staking pool when staking FLOW. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their FLOW, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet's interface.
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 Velocimeter FLOW network. You'll be rewarded with FLOW for these validations.
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.
