Are there any requirements to start staking on Near Protocol and earning rewards?

3 answers

• Priyansh ShahApr 15, 2024 · 2 years ago
  To start staking on Near Protocol and earn rewards, you will need to have a certain amount of NEAR tokens. The specific amount required for staking may vary depending on the protocol and the current staking requirements. Additionally, you will need a compatible wallet that supports staking on Near Protocol. Some popular wallets that support staking on Near Protocol include NEAR Wallet and Ledger Live. Once you have the required tokens and a compatible wallet, you can delegate your tokens to a validator and start earning rewards.
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• ninjiDec 21, 2021 · 4 years ago
  Starting staking on Near Protocol and earning rewards is relatively straightforward. Firstly, you will need to acquire NEAR tokens, which can be done through various exchanges. Once you have the tokens, you can transfer them to a compatible wallet that supports staking on Near Protocol. From there, you can delegate your tokens to a validator and start earning rewards. It's important to note that staking involves locking up your tokens for a certain period of time, so make sure you are comfortable with the staking duration and potential risks before proceeding.
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• samuel shabazzAug 10, 2020 · 5 years ago
  At BYDFi, we offer a seamless staking experience on Near Protocol. To start staking and earning rewards, you will need to create an account on our platform and deposit your NEAR tokens. Our platform provides a user-friendly interface that allows you to easily delegate your tokens to a validator and start earning rewards. We also provide comprehensive staking analytics and support to help you make informed decisions. Join BYDFi today and maximize your staking rewards on Near Protocol!
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