How to stake FTM
How to stake Fantom on Validator Nodes
Last updated
How to stake Fantom on Validator Nodes
Last updated
Participate in staking to secure Fantom network and earn FTM tokens as a reward. To stake, you donât need any particular hardware or device. You can do it directly from your phone or PC.
1- Open the Fantom fWallet from your computer or your mobile device. Create a new wallet, or access an existing one using mnemonic or a keystore file.
2- Navigate to âStakingâ on the left and then click on the âAdd Delegationâ button.
3- Select a validator node and enter the amount of FTM youâd like to delegate and then submit the transaction.
4- Click on your delegation to see more details.
5- In the delegation details section click on the âLock Delegationâ button.
6- Choose to lock-up your tokens for a reward rate proportional to the lock-up period. The longer period, the more rewards. Then click on the âOk, Lockâ button and then submit the transaction.
It's finished. Enjoy your staking rewards. Also, you can use your staked amount as collateral on the fMint by minting sFTM.