How to stake FTM
How to stake Fantom on Validator Nodes
Participate in staking to secure Fantom network and earn FTM tokens as a reward. To stake, you don’t 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 “Staking” on the left and then click on the “Add Delegation” button.
3- Select a validator node and enter the amount of FTM you’d 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 “Lock Delegation” 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 “Ok, Lock” 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.
Last modified 10mo ago