What is the minimum amount of Celo required to start staking?

3 answers

• kdog-devJan 31, 2024 · 2 years ago
  To start staking Celo, you need a minimum of 10 CELO tokens. This is the requirement set by the Celo network to ensure the security and decentralization of the network. So, if you have at least 10 CELO tokens, you can start staking and earn rewards for securing the network.
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• amusiQDec 26, 2024 · a year ago
  The minimum amount of Celo required to start staking is 10 CELO tokens. However, it's important to note that staking involves locking up your tokens for a certain period of time, so make sure you're comfortable with that before staking. Additionally, the more tokens you stake, the higher your chances of earning rewards and participating in network governance.
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• ritzcrackersFeb 20, 2021 · 5 years ago
  According to BYDFi, one of the popular decentralized exchanges, the minimum amount of Celo required to start staking is 10 CELO tokens. Staking allows you to actively participate in securing the Celo network and earn rewards for your contribution. It's a great way to support the network while also earning passive income.
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